Question on a K-1 form?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
pattivance
New Member

Question on a K-1 form?

I got a K-1 2654 net long-term capital gain
4 Replies
Anonymous
Not applicable

Question on a K-1 form?

great. so now what's your question?  it is reportable on your tax return but the free edition probably doesn't handle K-1's so you'll need to upgrade

Anonymous
Not applicable

Question on a K-1 form?

 
Critter
Level 15

Question on a K-1 form?

 
Critter
Level 15

Question on a K-1 form?

 

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

Dynamic AdsDynamic Ads
v
Privacy Settings