DianeW777
Expert Alumni

Get your taxes done using TurboTax

Yes, you can use the information here to enter a 1041 K-1.  

 

To enter your form K-1 in TurboTax, open your return and follow these steps:

  • Click on Federal Taxes, then on Wages and Income
  • Under All Income, scroll to S-corps, Partnerships, and Trusts section
  • Click Show more and click Start next to Schedules K-1, Q 
  • Continue to enter the requested information and select Boxes 1-5 for your entry (see attached image)

The stimulus questions will fall under the 'Federal Review' tab at the top once you are signed into your TurboTax Account. This is where the figures can be corrected.

 

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