topic My k1 1120S has section H, where do i enter it in Turbotax? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2161881#M71512 Thu, 01 Apr 2021 22:56:42 GMT ckgaddam77 2021-04-01T22:56:42Z My k1 1120S has section H, where do i enter it in Turbotax? https://ttlc.intuit.com/community/business-taxes/discussion/my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2161881#M71512 Thu, 01 Apr 2021 22:56:42 GMT https://ttlc.intuit.com/community/business-taxes/discussion/my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2161881#M71512 ckgaddam77 2021-04-01T22:56:42Z Re: My k1 1120S has section H, where do i enter it in Turbotax? https://ttlc.intuit.com/community/business-taxes/discussion/re-my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2161988#M71517 <P>You do not have to enter that section into TurboTax, but you should retain that K-1; you will need it to calculate your basis in the S corporation.</P> Thu, 01 Apr 2021 23:31:39 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2161988#M71517 Anonymous_ 2021-04-01T23:31:39Z Re: My k1 1120S has section H, where do i enter it in Turbotax? https://ttlc.intuit.com/community/business-taxes/discussion/re-my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2165393#M71617 <P>Thankyou.</P> Sat, 03 Apr 2021 02:20:53 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-my-k1-1120s-has-section-h-where-do-i-enter-it-in-turbotax/01/2165393#M71617 ckgaddam77 2021-04-03T02:20:53Z