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New Member
posted Mar 19, 2023 5:03:43 AM

Where do I enter Schedule K-1 on my federal tax form?

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2 Replies
Level 15
Mar 19, 2023 5:12:15 AM

To enter a Schedule K-1

Click on Federal
Click on Wages & Income (Income & Expenses using Self-Employed)
Scroll down to S-corps, Partnerships, and Trusts
On Schedule K-1, Q click on the start or update button


Or enter k-1 in the Search box located in the upper right of the program screen. Click on Jump to k-1

Expert Alumni
Mar 19, 2023 5:14:57 AM

You will enter the Schedule K-1 in the Wages and Income section, from the menu on the left

 

  1. Scroll down to S-corps, Partnerships, and Trusts and click on Show More
  2. Click on Start or Revisit for Schedule K-1 

You will select which kind of a Schedule K-1 you have received and then answer questions about the business. One of the first few screens has a list of checkboxes and includes a question if you have received an amended Schedule K-1.  The example below is from a Form 1065 Partnership, but the question is in all of the different Schedule K-1 interviews.