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bjlongo
New Member

I purchased the TurboTax Business Software and downloaded it to my Windows computer. How do I create the K1 using this software?

The software asks me to enter the information from my K1. I don't have a K1. I thought this software would help me create an K1. Can anyone give me insight for this?
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2 Replies

I purchased the TurboTax Business Software and downloaded it to my Windows computer. How do I create the K1 using this software?

Did you buy the BUSINESS program or the Home&Business program?  Did you get it installed and activated with the License Code?  Do you also have a personal version installed?  Maybe you are opening the wrong program?  

 

You need to buy Turbo Tax Business, not to be confused with the personal Home & Business version. TT Business is not available to do online or on a Mac. You can buy the Windows Desktop program here,
https://turbotax.intuit.com/small-business-taxes

 

I purchased the TurboTax Business Software and downloaded it to my Windows computer. How do I create the K1 using this software?

Once you complete the business return and you have entered in the partners/owners then the K-1 form is populated automatically.  

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