VolvoGirl
Level 15
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Get your taxes done using TurboTax

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to Business items

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

Enter each k-1 separately.

 

To get to a list of your K-1s you can edit…. When you go back the K-1 interview section the first screen says "Do you want to review Schedule K-1?". You have to answer yes and then select the Schedule K-1 type (LLC, S corp, trust). The next screen is the Summary screen listing all of the K-1 entered for the type of entity.

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