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Get your taxes done using TurboTax
Importing K-1s from Taxpackage.
1. You can NOT import Taxpackage K-1s to any online version of Turbo Tax.
2. You can import most Taxpackage K-1's in TurboTax Premier desktop version.
1) Create a txf file by selecting TurboTax Download for your specific K-1 in Taxpackage.
You must create a separate txf file for each K-1
2) You DO NOT import in the K-1 section of the program
3. Select "File" in the upper left corner
4) Select "Import"
5) Select "From Accounting Software"
6) Select "Other Financial Software (TXF file)
7) Browse to find your K-1 downloads and "import now"
There will be some minor cleanup you will have to do on the imported K-1s.
Hope this helps. I couldn't find anyone when calling TurboTax who knew you do this!