@officerkc wrote:
The business will be filed with the 1120S, but we receive a K-1 for our personal taxes. I am talking about my personal taxes.
A Schedule K-1 can be entered on any of the TurboTax desktop CD/Download editions.
To enter a Schedule K-1
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
- On Schedule K-1, click on the start or update button
Or enter k-1 in the Search box located in the upper right of the program screen. Click on Jump to k-1
