ChristinaS
Expert Alumni

Get your taxes done using TurboTax

Yes- if you use online Turbo Tax, you will need at least Premier to enter your K1(1065). There's no reason to go up to Self-Employed Online, unless you also have a sole proprietorship.

If you prefer desktop/ installed Turbo Tax, you can certainly use Premier, but you can also use the (less expensive)Deluxe version.

You enter your K1 here (in Premier or Deluxe):

  • Federal Taxs
  • Wages and Income (select "I'll Choose What I Work On")
  • scroll down to Other Business Situations
  • Schedule K-1.