Hello, how to declare a real estate syndication dividend?

[remster85]

Hello, I need to declare a real estate syndication dividend, in what category should I ?

[ShirlynW]

It depends. What tax form did you receive?

@remster85

[remster85]

I heard that I will get a K-1 and I should declare this as a passive income 

[SharonD007]

Yes, when you receive your K-1, enter it into TurboTax and TurboTax will put the income where it should go. You may want to file an extension if you do not receive it before the deadline of April 18, 2023.

To enter your K-1, follow the instructions below for TurboTax Online.

1. Launch TurboTax
2. Open or continue your return
3. Select Search, enter K-1 and select the Jump to k-1
4. On the Schedules K-1 or Q page, select the button for Yes
5. On the Did you receive any Schedules K-1? page, select the button for Yes
6. Select the Start button next to the type of K-1 form you have, then enter your information
7. Select the Continue button on each page until you are you finished recording your data.

For additional information, please refer to the TurboTax Help article Where do I enter a Schedule K-1 that I received? If you need to file an extension, please review the TurboTax Help article How do I file an IRS extension (Form 4868)?