So I filed my tax return a while ago but I recently received a Schedule K1 for a partnership I'm a part of. I know how to amend my tax return but for the life of me I have no clue where to enter the K1 information. I looked up a tutorial and it tells me to file it under a S-corps-partnerships and trust section but its not showing up for me.
I'm running out of time and this is really stressing me out, any help with this would be greatly appreciated.
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You need the Online Premiere version 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
After starting the amendment process,
Thank you for the response but now I can't find where to upgrade to Premier. I'm looking all over the Turbotax page and I can't find the link to upgrade.
Please follow the instructions here to upgrade the version of Turbo Tax you are using. @Thisisfrustrating2022
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