I am using Turbotax Business preparing an 1120s form. Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040? I would like to see these numbers on K-1 BEFORE filing the 1120s.
Thank you!
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@Maxtax899 wrote:
Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040?
Yes. Enter Forms Mode (icon in the upper right side of the screen) and open your K-1 from the list of forms on the left side of the screen.
@Maxtax899 wrote:
Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040?
Yes. Enter Forms Mode (icon in the upper right side of the screen) and open your K-1 from the list of forms on the left side of the screen.
Excellent! Thank you. When I close the K-1 after viewing it will save all of the entries right?
@Maxtax899 wrote:
Excellent! Thank you. When I close the K-1 after viewing it will save all of the entries right?
Yes. All of your entries will be saved.
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