TeresaM
Expert Alumni

Business & farm

To enter a Form K-1 from Form 1065 in TurboTax Online:
 

  1. Click on Federal on the left toolbar
  2. Click on Wages and Income on the top 
  3. Scroll down to S-corps, Partnerships, and Trusts and select Show More
  4. Click on Start or Revisit for Schedule K-1
  5. It will ask you to select if it came from a Form 1065, or another form.
  6. When you proceed it will come to a screen and ask you to check which boxes on your Form K-1
  7. Just be sure you click box 12 and it will give a dialog box for depreciation entries. 

    K1 box selection
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