when will 1040 allow for k1 amounts to be entered.

[jstr]

When will TurboTax deluxe be updated to allow entry of income from K1?

[DoninGA]

The Schedule K-1 for Form 1065 or Form 1120S for tax year 2023 is scheduled to be available on 02/22/2024.

[jstr]

Interestingly, I have TurboTax for business.  This product has allowed completion of k1 in 1120S.  My question involves individual return in 1040.  Turbo tax deluxe is telling me I can’t enter k1 income into 1040 as this is unavailable. When will the TT be updated to allow entry into 1040. 

[DoninGA]

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@jstr wrote:

Interestingly, I have TurboTax for business.  This product has allowed completion of k1 in 1120S.  My question involves individual return in 1040.  Turbo tax deluxe is telling me I can’t enter k1 income into 1040 as this is unavailable. When will the TT be updated to allow entry into 1040. 

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The answer provided was for the personal editions of TurboTax using Form 1040