What is schedule k1 and why do I have it?

Schedule K-1 is report earnings and expenses from corporations and trusts/estates.If you do not need it, you cn delete it off by:

·         Login to your TurboTax account

·         Click Continue Your Return

·         In the top right corner of the screen, you will see My Account, click on my Account

·         Click on Tools

·         Under Other Helpful Links you will see delete a form, click on delete a form

·         Under Federal Return you should see Schedule K-1 and next to it Delete, click on delete