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My wife has income from her S corp. Where do I account for it?

 
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DianeW
Expert Alumni

My wife has income from her S corp. Where do I account for it?

You can add a form 1120S K1 by using the steps below.

  • While logged into your TurboTax account (online or desktop):
    • Federal Taxes tab > Choose what I will work on
    • Business InvestmentSchedule K1 > Update or Start
    • Yes > Start or Update on the type of K1 
    • Click on the screenshot to enlarge and view the screens

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1 Reply
DianeW
Expert Alumni

My wife has income from her S corp. Where do I account for it?

You can add a form 1120S K1 by using the steps below.

  • While logged into your TurboTax account (online or desktop):
    • Federal Taxes tab > Choose what I will work on
    • Business InvestmentSchedule K1 > Update or Start
    • Yes > Start or Update on the type of K1 
    • Click on the screenshot to enlarge and view the screens

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