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Kapow1
New Member

import K-1 from Turbotax business to Turbotax Home&Business for 2024

Can we import our K-1's from TurboTax Business to Turbotax Home & business for 2024?

 

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2 Replies
LeticiaF1
Employee Tax Expert

import K-1 from Turbotax business to Turbotax Home&Business for 2024

No.  You can't import the Schedules K-1 from TurboTax Business to TurboTax Home & Business.  

import K-1 from Turbotax business to Turbotax Home&Business for 2024

Sorry no.   To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

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

Enter each k-1 separately.

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