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

K-1

Jake771 — Wed, 19 Mar 2025 16:47:59 GMT

I belong to a small investment club (organized as a partnership). The Club has issued a Schedule K-1 (Form 1065) to each member. I am using the Turbotax Premier program. What do I do with the information on the K-1?

Thanks

Re: K-1

RobertB4444 — Wed, 19 Mar 2025 16:56:53 GMT

Enter it as income. If you scroll down in the wages and income section of your federal return then you will be able to enter the K-1 under 'Business Income'.

@Jake771