489917
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How is schedule K-1 generated from form 1120S?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
LinaJ2018
Intuit Alumni

How is schedule K-1 generated from form 1120S?

If you are referring to how to generate a schedule K-1 from a S-corporation, you would need to use TurboTax Business desktop edition to do that. 

https://turbotax.intuit.com/small-business-taxes/


If you are a shareholder of a S-corporation and receive a schedule K-1, you would need to enter it to your TurboTax Premier edition.  Here are the steps:

After sign into your account, select Take me to my return,

At the right upper corner, in the search box, type in schedule k-1, s corporations

Select Jump to schedule k-1, s corporations

On the screen, Did you receive any Schedules K-1?  select Yes to continue

 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question