UPDATED FOR TAX YEAR 2019
Just enter the K-1 information as it appears on the form you received. TurboTax will flow the information to the proper places.
Please make sure you use the right K-1 entry form. There are actually three types of K-1s, depending on the type of entity creating the K-1: partnership, S-corporation and trust/estate. Lines and codes on the forms differ from each other.
To enter information from Schedule K-1 (1065), please follow these steps:
[Edited | 3/31/2020 | 1:23pm PDT]
UPDATED FOR TAX YEAR 2019
Just enter the K-1 information as it appears on the form you received. TurboTax will flow the information to the proper places.
Please make sure you use the right K-1 entry form. There are actually three types of K-1s, depending on the type of entity creating the K-1: partnership, S-corporation and trust/estate. Lines and codes on the forms differ from each other.
To enter information from Schedule K-1 (1065), please follow these steps:
[Edited | 3/31/2020 | 1:23pm PDT]