topic Add Bussines tax K1 with turbotax personal tax in Get your taxes done using TurboTax

Add Bussines tax K1 with turbotax personal tax

mali590 — Tue, 18 Jul 2023 00:02:21 GMT

How do I attach Bussines tax K1 with turbotax personal tax?

My accountant complete my TurboTax Bussiness 1120S. I want help to add the K1 with TurboTax personal return. I purchsed desktop version software.

Re: Add Bussines tax K1 with turbotax personal tax

VolvoGirl — Tue, 18 Jul 2023 00:06:39 GMT

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

Re: Add Bussines tax K1 with turbotax personal tax

rjs — Tue, 18 Jul 2023 01:20:55 GMT

You don't attach the Schedule K-1 to your tax return. You just enter the information from the K-1, following the instructions that VolvoGirl gave you.