How do I download K-1 from taxpackage?

Unlike W-2 and 1099 forms which are usually delivered by February, your K-1 may not arrive until March, April, or even later. This is because the K-1 issuer needs to complete their tax return before they can send out Schedule K-1.

If you haven't filed yet:

1. Open your return in TurboTax.
   (To do this, sign in to TurboTax and then click the orange Take me to my return button.)
2. In your TurboTax program, search for K-1 or K1 (lower-case works too) and then click the "Jump to" link in the search results.
3. This will take you to the Schedules K-1 or Q screen (or the Schedule K-1 and Schedule Q screen if you are using the CD or download software)
4. Answer Yes and follow the prompts.
   • Note: You may be prompted to upgrade to Premier, depending on which version of TurboTax you're using.

On the other hand, if your e-filed return was already accepted or you already mailed it in, you'll need to amend to add the K-1 to your taxes.

My Turbotax premier does not have any button to allow me to download K-1 directly from taxpackage.com site. I dont see any other way but to manually enter the data.

If you are using the CD/downloaded Premier or Home and Business version of TurboTax (not the Online version), then a K-1 may be imported as long as it is in the .TXF format. 

Go to the top line menu and select File > Import > From Accounting Software > Other Financial Software (TXF file).

Otherwise, use the information in the following TurboTax article to enter the K-1 information manually:

Where do I enter a K-1 that I received?

@sgiitb85