Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 2, 2024 5:49:24 AM

Schedule K-1 is not showing up

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

0 4 1708
4 Replies
Level 15
Apr 2, 2024 6:20:41 AM

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

Expert Alumni
Apr 2, 2024 6:23:36 AM

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

 

See this comparison of the TurboTax Online versions.

New Member
Mar 23, 2025 3:25:27 PM

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.

 

Expert Alumni
Mar 24, 2025 1:22:51 PM

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