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Level 2
July 10, 2019
Question

schedule k-1

  • July 10, 2019
  • 8 replies
  • 36 views

where do I enter schedule k 1 to receive the most from the estate credit to me?

    8 replies

    Critter
    Level 15
    July 10, 2019

     

    To enter a K-1 go to 
    Federal Taxes Tab ( Personal in the H&B versions )
    Wages and Income
    Choose Explore on my own or I'll choose what to work on  (if it comes up)
    Then scroll way down to Business Items
    Schedules K-1, Q - Click the Start or Update button 

    Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

    July 10, 2019

    for an estate use the 1041 K-1