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Level 2
posted Mar 8, 2023 3:51:01 PM

Corrected K-1 prior to Filing Taxes

I received a Corrected K-1 prior to filing my taxes.  How do I indicate that I have a Corrected K-1 when using TurboTax?

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1 Best answer
Expert Alumni
Mar 8, 2023 4:12:03 PM

You will enter the Schedule K-1 in the Wages and Income section, from the menu on the left

 

  1. Scroll down to S-corps, Partnerships, and Trusts and click on Show More
  2. Click on Start or Revisit for Schedule K-1 

You will select which kind of a Schedule K-1 you have received and then answer questions about the business. One of the first few screens has a list of checkboxes and includes a question if you have received an amended Schedule K-1.  The example below is from a Form 1065 Partnership, but the question is in all of the different Schedule K-1 interviews. 



2 Replies
Expert Alumni
Mar 8, 2023 4:12:03 PM

You will enter the Schedule K-1 in the Wages and Income section, from the menu on the left

 

  1. Scroll down to S-corps, Partnerships, and Trusts and click on Show More
  2. Click on Start or Revisit for Schedule K-1 

You will select which kind of a Schedule K-1 you have received and then answer questions about the business. One of the first few screens has a list of checkboxes and includes a question if you have received an amended Schedule K-1.  The example below is from a Form 1065 Partnership, but the question is in all of the different Schedule K-1 interviews. 



Level 2
Mar 8, 2023 4:32:21 PM

Thank you - I don't know how I missed that box, but I did.