discfor1
New Member

Business & farm

Hi and thank you for the answer.  I am still confused.  I am on the Self Employed work summary under Federal.  I am using online TurboTax, the self employed small biz version.  This is the place we have been putting all the biz expenses, home office deduction, car used for biz expense, and so on.  However, in the K1 area, basically 1 level up to Income and Expenses, then select Schedule K-1, the wizard asks about business expenses and so on.  they seem to be the same as the in the Self Employment area.  Are there some that should be entered in the K-1 area.  She is not filing this info with the K-1, that form is being provided to us from the partnership accountant.  Perhaps all the info ends up on the schedule C in the end?  Or, are there some expenses, called unreimbursed expenses that are better handled on the K-1 section within TurboTax, or perhaps by the IRS?