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Get your taxes done using TurboTax
If you are the responsible person for a partnership and you need to prepare a 1065, you need Turbotax Business. When a partnership prepares a 1065, as part of that tax return they issue a K-1 to each partner.
However, if you are one of the partners and you receive a K-1 statement, you can enter that as personal income on your personal form 1040 along with any other income, deductions and credits, using Turbotax Premier or higher online, or Deluxe or higher when installed on your own Mac or PC.
March 13, 2023
8:16 AM