topic Not sure which Turbo Tax to purhase? in Get your taxes done using TurboTax

Not sure which Turbo Tax to purhase?

Corballis1 — Fri, 01 Nov 2019 16:03:54 GMT

I am trying to do my 2018 taxes and purchased TurboTax Deluxe but doesn't appear I can do a Schedule K-1 Form-1065 on it, can anyone tell me which one I need to do and how I go about changing what I bought? TIA

Re: Not sure which Turbo Tax to purhase?

DoninGA — Fri, 01 Nov 2019 17:51:10 GMT

The Deluxe desktop edition and all the other TurboTax desktop editions support entry of a Schedule K-1

To enter a Schedule K-1

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
On Schedule K-1, click on the start or update button

Enter k-1 in the Search/Find box located in the upper right of the program screen. Click on Jump to k-1

Re: Not sure which Turbo Tax to purhase?

Corballis1 — Fri, 01 Nov 2019 16:43:30 GMT

Thank you so much for the information. It was so clear me and my dippy self was able to understand it and do what needed to be done, thank you!