Deductions & credits


@debraannte wrote:

I’m not sure where to enter the amount from my husbands k1

where do I put the amount of his salt withholding


A Schedule K-1 does not have taxes withheld.  The State, Local and Property Taxes paid are entered on Schedule A as a personal Itemized Deduction, NOT a business deduction.

 

To enter a Schedule K-1

  • Click on Federal
  • Click on Wages & Income
  • Scroll down to S-corps, Partnerships, and Trusts
  • 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