Schedule K-1 is not showing up

[danjarvis270]

I'm using the lowest level of Turbo Tax and I am unable to enter details anywhere for my schedule K-1

[Anonymous_]

You'll need to upgrade to Premium to enter a K-1 or you can use any desktop version of TurboTax.

[JamesG1]

TurboTax Online Premium is required to report any of the Schedule K-1 incomes.

See this comparison of the TurboTax Online versions.

[grandmama24]

I am using Desktop Home and business.  I went in and entered it on the forms also.  It  shows last years k1information but nothing for this year.

[JamesG1]

There are three different kinds of K-1’s that can be entered into TurboTax software.

• Partnerships/LLCs (form 1065)
• S corporations (form 1120S)
• Estates and trusts (form 1041)

You should be able to read the top of the form and determine which K-1 that you will be entering.

In TurboTax Desktop Home & Business, follow these directions.

• Across the top of the screen, click on Personal.
• Across the top of the screen, click on Personal Income.
• Select I'll choose what I work on.
• Scroll down to Business Investment and Estate/Trust Income.
• Click to the right of Schedule K-1.
• At the screen Tell us about your Schedule K-1, you tell the software which Schedule K-1 you received.
• For several screens, you will be entering data right off the K-1 form.

@grandmama24