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Self employed
The TurboTax Premier desktop edition supports entry of a Schedule K-1 that you would have received from the S-Corp.
To enter a Schedule K-1
Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
On Schedule K-1, Q, click on the start or update button
Or enter k-1 in the Search box located in the upper right of the program screen. Click on Jump to k-1
‎October 2, 2024
1:26 PM