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New Member
posted Jun 8, 2025 2:58:20 PM

Where can I enter income from a K-1 (1041) on my son's return?

Where does Beneficiary Schedule K-1 entries go?

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1 Replies
Level 15
Jun 8, 2025 3:00:51 PM

You need to use Online Premium or any of the Desktop programs to enter a K-1.


To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S