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Get your taxes done using TurboTax
Did you not enter the K-1 in the K-1 entry section ? That should be all you need to do for all the info to flow to the correct forms automatically.
To enter a K-1 go to
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on (if it comes up)
Then scroll way down to Business Items
S-corps, Partnerships, and Trusts. Schedules K-1, Q - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
‎September 29, 2022
10:23 AM