HelenC12
Expert Alumni

Get your taxes done using TurboTax

Per the information above, it appears you and your mother are partners and prepare Form 1065 U.S. Return of Partnership Income. 

 

You'll start by preparing Form 1065, U.S. Return of Partnership Income, using TurboTax Business. Generally, a domestic partnership must file Form 1065 by the 15th day of the 3rd month following the date its tax year ended as shown at the top of Form 1065. 

 

TurboTax Business is a Windows-only software program available as a CD or download.

 

When you complete your Form 1065, TurboTax will generate Schedule K-1's. Click How do I issue a K-1? The K-1 information gets entered on your personal income tax return, Form 1040. 

 

The personal TurboTax products that support K-1's are:

 

Tip: If you're in business for yourself and haven't incorporated or created an LLC, use TurboTax Self-Employed instead.

 

Related information:

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