topic Re: K- 1 and schedule E in Get your taxes done using TurboTax

K- 1 and schedule E

lagroebner — Mon, 23 Feb 2026 14:39:19 GMT

Using TurboTax Deluxe2022

I received a K1 from a S corp and entered the info in the K-1 form. It shows up as income in the Business Items, Schedules K-1.

When reviewing the forms, Schedule E appears to have been generated and has the same amounts. However, Schedule E appears to be included as income. If I remove all entries in Schedule E, no errors are generated in review and the K1 is correctly reported as income in Business Items.

It appears that the K1 income is being reported twice, once from the K1 and from Schedule E.

I searched help but wasn't able to find anything related.

Re: K- 1 and schedule E

Mike9241 — Sat, 18 Mar 2023 01:22:15 GMT

line 1, 2 or 3 of the k-1, which is not a passive loss, is reported on Schedule E and then flows to Schedule 1 and from there to page 1 of the 1040. it is not being reported twice as income. it would seem you have overridden the Schedule E reporting which will prevent e-filing. it belongs on Schedule E. delete the override.

Re: K- 1 and schedule E

joselyn_cece — Thu, 12 Oct 2023 18:26:17 GMT

My Schedule E is pulling from K-1 as royalties income. I only had an income loss on my K-1.