Can someone please tell where to put Beneficiary's share of income on my Turbo Tax, I don't know where to put it. Advice please

[caboring70]

We got a Form 1041, Schedule K-1 but don't where to put it on Turbo Tax.

[VolvoGirl]

You need to upgrade to Premier to enter a K-1 .

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

Enter each k-1 separately.

[caboring70]

Thank you very much, I will check into upgrading.