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I bought Turbo Tax premier because I have to file a K-1. After entering my income and expense I was advised to take standard deductions. If I do that how do I show k-1

 
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JulieCo
New Member

I bought Turbo Tax premier because I have to file a K-1. After entering my income and expense I was advised to take standard deductions. If I do that how do I show k-1

Below are steps for entering a K-1 form in TurboTax.  Because the K-1 form reports income, the K-1 form will need to be entered on your return, just a like a W-2 would or a 1099 MISC would have to be entered, regardless of whether you take the standard deduction or itemize. 

https://ttlc.intuit.com/replies/3301717


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