JamesG1
Expert Alumni

Business & farm

In TurboTax Self-employed, 1120-S income can be reported at Federal / Income & Expenses / S-corps, Partnerships and Trusts / Schedule K-1.

 

Income flows correctly to the 2021 Federal income tax return although the screens are not correctly labeled as 2020 and 2021.

 

This issue is being reviewed.

 

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