Business & farm

You enter all the business income and expenses into the TT Business software.  Once the return is complete, you will each receive a Schedule K-1. 

You will then use the K-1 information and enter that into which ever TT individual software program you are using.

Just as an FYI, the partnership return form 1065 was due March 15th and is now late unless you filed an extension.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

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