Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 2:48:56 AM

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

0 1 3346
1 Best answer
New Member
Jun 6, 2019 2:48:57 AM

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).

1 Replies
New Member
Jun 6, 2019 2:48:57 AM

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).