Get your taxes done using TurboTax

In TurboTax CD/Download Home and Business, enter partnership income from a K-1 by following these directions:

• Across the top of the screen, click on Personal.
• Across the top of the screen, click on Personal Income.
• Click  I'll choose what I want to work on.
• Scroll down to Business Investment.
• Click Start / Update to the right of Schedules K-1.
• At the screen Do you want to review  Schedules K-1 or Q? click Yes.
• At the screen Tell Us About Your Schedule K-1, click Start / Update to the right of Partnerships/LLC.
• Enter the K-1 information as requested.
• At the screen Choose Type of Activity, select box 1, box 2, box 3 or more than one box.  Click Continue.
• At the screen Check Boxes That Have an Amount, you will likely click on Box 20. Click Continue.
• At the screen Enter Box 20 Info, select Z-Section 199A information.  Leave Amount empty.  This tells the software that Section 199A information will need to be entered for the income previously reported.  Click Continue.
• At the screen We see you have Section 199A income, select the appropriate income description.  Click How would I know this? for more information.  Click Continue.
• At the screen We need some information about your 199A income, select the appropriate income description and amount from the 199A detail provided with the K-1.
• The information that is needed to complete the screen may be found on a Statement A attached to your K-1 information.

@John H4