If you are using the Online browser version you need Premier to enter a K-1. If you have the Desktop CD/Download program installed any version will work.
To enter a K-1 go to
Federal Taxes Tab or Personal (Home & Business version)
Wages and Income
Then scroll way down to S-Corp, Partnerships and Trusts
Schedules K-1 - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
Enter each k-1 separately.
ps…..you don’t enter K-1s you get for IRA, 401K or retirement accounts.
