business income

[Larsp808]

How can I enter my Business Income? I've not received any 1099s, but only a K-1.

[Mike9241]

if your only source of business income is a k-1 then you use one of the following worksheets to enter it based on the form number at the top of the k-1   - 1041, 1065, 1120S

[VolvoGirl]

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

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

Enter each k-1 separately.