Business & farm

Enter information for the Schedule K-1, following these steps:

1. Click on Federal > Wages & Income
2. In the S-Corps, Partnerships, and Trusts section click on the box next to Schedule K-1.  [In CD/Download version:  Business Investment and Estate/Trust Income.]
3. Click Yes on the next screen, Did you receive any Schedules K-1?
4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to the type of entity (partnership, S-corporation, or trust/estate) that issued the K-1.   
5. If you have already entered K-1 information, you will see a Summary screen.  Click Add Another K-1 to enter your information  (or click on Edit to continue with the existing form entry).  
6. If you haven't started entering K-1 information, continue through the screens, entering the requested information.
7. When you reach the screen, Check Boxes That Have an Amount, be sure to check Box 13. 
8. On the next screen, Enter Box 13 Info, select the correct code from the list in the Enter Code column.  Codes A-D pertain to charitable contributions.  [Code T is for Domestic Production Activities.]  
9. If you need more than three lines, an extra line will appear automatically when you start filling out the last line.
   

[Edited | 3/19/2020 |  12:26 pm PDT]