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Business & farm
To enter the K-1 in TurboTax Online [Premier version or higher], please follow these steps:
- Click on Federal > Wages & Income
- Under S-corps, Partnerships, and Trusts, click on the box next to Schedule K-1.
- 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.
- 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).
- If you haven't started entering K-1 information, continue through the screens, entering the requested information.
‎April 6, 2021
11:20 AM