Will free turbo tax allow tax filer with the following income
Sch k-1 (form 1041)
You are able to begin your tax return using TurboTax Free Edition, but if you do not qualify for it, you will be prompted to upgrade.
Please see the following link for tax situations covered in TurboTax Free Edition.
To see what you are being charged for please follow the instructions in the following FAQ.
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You need to use the Online Premier version to enter a K-1. Or any of the Desktop programs.
Or There is also The Turbo Tax Free File program which is free for federal and state. And has more forms than the Federal Free Edition, like Schedules A, B, C , D, E, F, EIC, H, K-1, SE, etc.
To qualify for the Free File website you just need to meet one of these 3 things.
AGI $36,000 or less.
Active duty military with AGI of $69,000 or less
OR qualify for EIC (earned income credit.)
In order to use the Free File program, you have to start it at a special website. Click on Sign in at the top right. It may let you continue your return so you don't have to start over.
How to switch to the Free File website