Schedule K-1 Form 1065 isnt showing on our income or tax return information.

[achapra]

I entered income from a schedule K-1 Form 1065 and it isn't showing on our income or tax return information.

[DawnC0 · Accepted solution]

Complete the K-1 entry in TurboTax.   You can then preview your 1040 and check line # 5 of Schedule 1 to verify that the amounts are listed on your tax return.  To preview your return, click on My Account >>> Tools >>> Tax Summary >>> Preview 1040.  Schedule 1 will be below the Form 1040.  

K-1 entry - 

• Federal Taxes (Personal) >>
• Wages & Income (Personal Income)>>
• Other Business Situations (Business Investment) >>
• Schedules K-1

[BRT]

Your interest income from Schedule K-1 will actually show up with other interest income. In my case "Interest on 1099 ENT" ...... that was confusing to me also.