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Business & farm
Feb 2020/ turbotax premiere
If the dividend is considered a "partnership distribution" as some are, ( stock example: EPD/ Enterprise Products Partners LP) - you have to enter your K1 info under >income- (keep on expanding the other incomes until "S-corps/partnerships/trusts" come up, and drop down to "Schedule K1", it's not under "other business situations".
Separately- you will have to get your K1 through that company, not the brokerage( like Robinhood etc) just google XYZ Company K1 Tax Information. they usually have it available at a certain date.
‎February 18, 2021
11:47 AM
17,516 Views