Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 4:52:26 AM

If I have a completed form 1120s must I purchase the turbotax business

Can you clarify what I do with my 1120s/K1?  Must I invest in the turbotax business software??

0 1 490
1 Replies
New Member
Jun 6, 2019 4:52:28 AM

The 1120S is what would have been done in the Business product.  If what you're trying to do is to enter the k-1 into your personal return, you would need Premier but not Self-Employed.

Type k-1 into the Find  box on the upper right, 

select the k-1 type below, 

then click on the Jump To that appears to get to the k-1 section.