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V-Coach
Returning Member

I need to generate k1 from turbotax business but it says i need to enter partner/shareholder info but i can not find it on turbotax business. how do i enter it?

 
1 Reply
JulieCo
New Member

I need to generate k1 from turbotax business but it says i need to enter partner/shareholder info but i can not find it on turbotax business. how do i enter it?

The K-1 form will be created automatically with the Trust return (1041 form) in TurboTax Business

The K-1 form DOES NOT get entered into TurboTax Business.  The tax return in TurboTax Business will create the K-1.

If you already have a K-1 form from a Trust, then you can enter it onto your personal tax return via the steps below. 

https://ttlc.intuit.com/replies/3301717





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