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rastearns
New Member

Is there an easier way to enter a K-1, via a photo or download?

 
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DawnC
Expert Alumni

Is there an easier way to enter a K-1, via a photo or download?

No, those have to be entered manually.    

 

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

 

How do I enter my Section 199A Statement amounts into TurboTax?

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Is there an easier way to enter a K-1, via a photo or download?

if it is not a publicly traded partnership manual entry will likely be necessary.  

 

If it is a publicly traded partnership, there may be a website where you can download a TXF file of the k-1. you then proceed to import the file. However, you would be wise to compare what the Turbotax k-1 shows vs the actual k-1. Some important items may not transfer

here is one website but note not all partnerships offer the Turbotax TXF file and I believe a different CPA firm also has a similar website. yo can use the search option and enter the partnerships name

https://www.taxpackagesupport.com/ 

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