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I'm trying to figure out how I can enter income from a K-1, for a partnership I had distributions from.
I signed up for TurboTax Self-Employed. I have income from W-2, K-1, 1099, and rental income. My partnership return was already prepared by a CPA, outside of TurboTax. How do I record my K1 information?
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June 4, 2019
10:08 PM
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Business & farm
To enter a Schedule K-1
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
- 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
June 4, 2019
10:08 PM