Which version of Turbo Tax 2024 do I need if I need to file a k-1 partnership?

[DoninGA · Accepted solution]

You will need the TurboTax Business Edition to complete the Form 1065 Partnership return and issue the Schedule K-1 for the partnership.

The TurboTax Business Edition can only be installed on a Windows based personal computer and it cannot be used for a personal tax return, Form 1040.

Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/

Or if you are referring to entering a Schedule K-1 you received from a partnership to enter on your personal tax return, then you would need the TurboTax Premium online edition - https://turbotax.intuit.com/personal-taxes/online/premium/

Or you can use any of the TurboTax desktop editions since all support entry of a Schedule K-1 - https://turbotax.intuit.com/personal-taxes/cd-download/

[Chicksgirl]

Thank you very much. So does this mean I could use Turbo Tax Deluxe desktop edition to enter a k-1 I received from a partnership?

[DoninGA]

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@Chicksgirl wrote:

Thank you very much. So does this mean I could use Turbo Tax Deluxe desktop edition to enter a k-1 I received from a partnership?

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Yes, the TurboTax Deluxe desktop edition supports a Schedule K-1.