The k-1 information needs to be reported in your return and the information in the boxes must be reported. Here is where to begin once you are working in your Turbo Tax return.
- Go to Federal
- Wages and Income
- S-corps, Partnerships, and Trusts
- Schedule K-1
- Tell Us About Your Schedules K-1
- Select Estates or trusts (Form 1041)
This is where to begin recording your K-1. All the information to complete this section should be on he K-1 form but reach back to us if you have additional questions.
@ChicagoJ
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