@pfmessinger Do you need to create a Schedule K-1 or do you need to enter a Schedule K-1 on your tax return?
If you need to enter a schedule K-1, any of the TurboTax desktop editions can be used.
To enter a Schedule K-1
Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
On Schedule K-1, Q, click on the start or update button
Or enter k-1 in the Search box located in the upper right of the program screen. Click on Jump to k-1
If you need to create a Schedule K-1 for a Partnership or for a Corporation, then you will need to use the TurboTax Business Edition. The Business Edition can only be installed on Windows based personal computer or for a higher fee you can use the Live Assist Business Edition on the TurboTax website. The Business Edition cannot be used for a personal tax return.
Go to this TurboTax website for the 2024 Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/
