Get your taxes done using TurboTax

Ok.  Do you need to prepare the Partnership return?  Or did you get a Schedule K-1 for it?

 

You need Turbo Tax Business to prepare the Partnership return.  It will not do a personal return.


You will still need a personal program to do your personal return.  You can  enter a K-1 into online Premier or any Desktop program.

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

Enter each k-1 separately.

 

Since your wife has self employment you will need to use the online Self Employed version or any Desktop program.