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I received a K-1 on an investment thru Etrade. Do I include that on our tax return or is it part of the 1099 we received from Etrade

 
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PeterM
New Member

I received a K-1 on an investment thru Etrade. Do I include that on our tax return or is it part of the 1099 we received from Etrade

Schedule K-1 and the Form 1099 should be entered into Turbo Tax separately and according to their source (You may receive a K-1 from a Form 1065, 1120, 1120S, or even a 1041. Likewise, you may have received a Form 1099 for a variety of reasons).

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PeterM
New Member

I received a K-1 on an investment thru Etrade. Do I include that on our tax return or is it part of the 1099 we received from Etrade

Schedule K-1 and the Form 1099 should be entered into Turbo Tax separately and according to their source (You may receive a K-1 from a Form 1065, 1120, 1120S, or even a 1041. Likewise, you may have received a Form 1099 for a variety of reasons).

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