Returning Member

posted Oct 10, 2020 1:56:39 PM

I received a Schedule K1 1041 for a loss as a beneficiary in an estate. How do I/can I enter this in TurboTax Deluxe CD version?

As this article recommended I searched for K-1 but no "Jump to k-1" link appeared.

https://ttlc.intuit.com/community/business-taxes/discussion/i-received-a-schedule-k1-1041-for-a-loss-as-a-beneficiary-in-an-estate-which-will-be-over-several/00/1626193/message-id/52879

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1 Best answer

Level 15

Oct 10, 2020 2:02:42 PM

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

1 Replies

Level 15

Oct 10, 2020 2:02:42 PM

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S