@jfusse wrote:
I have tried entering my schedule K-1 using turbo tax home and business and it tells me I had to purchase turbo tax business. Now I have business and I can't figure out how to do my personal taxes using this. Can someone please tell me which product to use and how to do my personal taxes and still enter a K-1?
You can use the TurboTax Home & Business software for both your personal and self-employed income and expenses reported on a Form 1040 and Schedule C (1040)
To enter a Schedule K-1
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
- On Schedule K-1, 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
