- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
March 26, 2022
10:20 PM