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sonny-taxes
New Member

Why doesn’t TurboTax do a Form 1065and schedule K-1 when you use the self employed TurboTax program?

 
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Ashby
New Member

Why doesn’t TurboTax do a Form 1065and schedule K-1 when you use the self employed TurboTax program?

The online, self employed version of TurboTax only works for entities that are sole-proprietorships or single-member LLCs that can file using Schedule C.

For partnerships and S-corps you need to use TurboTax business. Here's the link for that software:

https://turbotax.intuit.com/small-business-taxes/

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2 Replies
Ashby
New Member

Why doesn’t TurboTax do a Form 1065and schedule K-1 when you use the self employed TurboTax program?

The online, self employed version of TurboTax only works for entities that are sole-proprietorships or single-member LLCs that can file using Schedule C.

For partnerships and S-corps you need to use TurboTax business. Here's the link for that software:

https://turbotax.intuit.com/small-business-taxes/

TomD8
Level 15

Why doesn’t TurboTax do a Form 1065and schedule K-1 when you use the self employed TurboTax program?

If you're trying to enter income from a K-1, see this:  https://ttlc.intuit.com/questions/1900938-where-do-i-enter-a-k-1-that-i-received

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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