You will need to upgrade to either the Premier or Self-Employed online editions to report the Schedule K-1
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 see this TurboTax support FAQ on entering a Schedule K-1 - https://ttlc.intuit.com/questions/1900938-where-do-i-enter-a-k-1-that-i-received
