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Level 1
October 10, 2020
Solved

I received a Schedule K1 1041 for a loss as a beneficiary in an estate. How do I/can I enter this in TurboTax Deluxe CD version?

  • October 10, 2020
  • 1 reply
  • 7 views
    Best answer by VolvoGirl

    To enter a K-1 go to

    Federal Taxes Tab or Personal (Home & Business version)

    Wages and Income

    Then scroll way down to Business items

    Schedules K-1, Q - Click the Start or Update button

     

    Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

    1 reply

    VolvoGirl
    VolvoGirlAnswer
    Level 15
    October 10, 2020

    To enter a K-1 go to

    Federal Taxes Tab or Personal (Home & Business version)

    Wages and Income

    Then scroll way down to Business items

    Schedules K-1, Q - Click the Start or Update button

     

    Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S