You'll need to sign in or create an account to connect with an expert.
A K-1 form has many tax items on it because it is a CONSOLIDATED form ... there is no ONE place to enter all the info ...
To enter a K-1 go to
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on (if it comes up)
Then scroll way down to Business Items
S-corps, Partnerships, and Trusts. Schedules K-1, Q - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
TT takes the numbers you enter on the K-1 input screen and adds them to the proper form or schedule. do not reenter those numbers on the forms or schedules.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
nativi81
New Member
rpmm
Returning Member
fordescort12
Returning Member
Andy_W
Level 1
wdhanig
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.