In TT Premium Business Summary, Business, Oil and Gas, Edit does not get me K1 to enter info

fredwbj · ‎June 4, 2019

Instead Describe Your Business is displayed

PatriciaV · ‎June 4, 2019

TurboTax Premier is used to create a personal tax return (Form 1040). This version does not produce Schedule K-1. For that, you would need to create a business return using TurboTax Business.

However, if you need to enter a Schedule K-1 that you received from an investment, you will find that under Federal Taxes >> Business Items >> Schedules K-1 >> Start/Update. Or search on "schedule k-1" and use the jump-to link to go directly to that section of TurboTax.

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PatriciaV · ‎June 4, 2019

TurboTax Premier is used to create a personal tax return (Form 1040). This version does not produce Schedule K-1. For that, you would need to create a business return using TurboTax Business.

However, if you need to enter a Schedule K-1 that you received from an investment, you will find that under Federal Taxes >> Business Items >> Schedules K-1 >> Start/Update. Or search on "schedule k-1" and use the jump-to link to go directly to that section of TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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In TT Premium Business Summary, Business, Oil and Gas, Edit does not get me K1 to enter info