Schedule K-1 form 1041

[SusanL9516]

I have a Schedule K-1 (Form 1041) showing interest, dividend and deduction amounts. I need to amend my 2023 return. 

Where can I enter this information?

[DoninGA · Accepted solution]

You cannot amend a 2023 tax return since no 2023 return has been filed.  You mean the tax year 2022 return you filed in 2023.

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

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, click on the start or update button

[SusanL9516 · Accepted solution]

Yes, I did mean tax year 2022.

Your instructions were spot on.

Thank you