No, K-1 is not part of 1099 and you will have to input that information separatly.
To enter the K-1 Information, please follow the steps below:
- Click on Tax Home from Left Side Menu.
- Click on Wages & Income from main screen.
- Scroll down till you see the section for "S-corps, Partnerships, and Trusts". Within this section, there will be an option for Schedule K-1. You will input the information here.
