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I need help filling out my turbotax schedule k-1 S corp portion of my business tax
I need help filling out forms
1120S and my Schedule K-1 forms. I have an excel P&L/asset balance sheet, but the terms on the forms are confusing me as it asks the questions on the turbotax stage of entry.
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June 3, 2019
4:31 PM
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Business & farm
If it's easier you can enter your balance sheet in Forms Mode. To do this,
- In the Forms in My Return list click Form 1120S, p.3-5 The form will open in the screen on the right.
- Scroll down to Schedule L.
- To go back to the interview, click the Step-by-Step icon at the top right of the screen.
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June 3, 2019
4:31 PM