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Hi, I've already added my Schedule K-1 information in Turbotax and it has been recorded in the estimated amount of refund. Do I need to add this to income again?

 
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PhyllisG
New Member

Hi, I've already added my Schedule K-1 information in Turbotax and it has been recorded in the estimated amount of refund. Do I need to add this to income again?

No.  Once the K-1 is entered, the TurboTax program will do the necessary calculations.

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1 Reply
PhyllisG
New Member

Hi, I've already added my Schedule K-1 information in Turbotax and it has been recorded in the estimated amount of refund. Do I need to add this to income again?

No.  Once the K-1 is entered, the TurboTax program will do the necessary calculations.

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