Get your taxes done using TurboTax

In order to report your K-1, navigate to Federal Taxes > Wages & Income > I'll choose what I want to work on.  Then, scroll to Business Items > Schedules K-1, Q.  Answer the interview questions, noting that you will be asked if this is an oil or gas property in the interview questions.

Here is some more information on K-1s: What is a Schedule K-1 Tax Form?