Get your taxes done using TurboTax

The Schedule K-1 would be generated by the Partnership to be entered on a personal tax return.
Yes you will to purchase one of the personal editions of TurboTax for your personal tax return and to enter the Schedule K-1 -
Desktop editions - <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/personal-taxes/cd-download/">https://turbotax.intuit.com/personal-taxes/...>
Online editions - <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/personal-taxes/online/">https://turbotax.intuit.com/personal-taxes/onlin...>

Note - If you are going to use the online editions for your personal tax return then you will need either the Premier or Self-Employed editions as those two editions are the only online editions which support entry of a Schedule K-1.