counterin7uitive
Returning Member

Schedule K-1: TurboTax creates Form 1120S instead of Form 1065

I received a Schedule K-1 as a domestic, limited partner in a fund. I entered it into TurboTax and expected it to filling out a Form 1065. However it is filling out a Form 1120S, and subsequently it asks me for information about an S corporation that isn't applicable. How do I get it to fill out Form 1065 instead?