IRS Schedule K-1 and K-3 may be filed with the Premium version of TurboTax Online or the Premier version or above of TurboTax Desktop.
In TurboTax Online Premium, report IRS Schedule K-1 by following these steps:
- Down the left side of the screen, click Federal.
- Down the left side of the screen, click Wages & Income.
- Scroll down to S-corps, Partnerships, and Trusts and click on the dropdown menu to the right.
- Click Start/Revisit to the right of Schedule K-1
- Select Partnerships/LLC's (Form 1065).
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