K-1 FORM

[APR11]

Hello,

I was wondering if TT supports the transfer of data from K-1 partnership reports. As conveniently works with financial institutions.

Entering manually is very time consuming 

[rlottsman]

Turbo Tax doesn't transfer data from schedule K-1s.  You have to make all the entries yourself. 🙂

[VolvoGirl]

You can only import a K-1 to the Windows Desktop CD/Download Software, not to Online version and if you can get a .txf file for it and in the right format.   Apparently you can only import K-1s for MLPs and not Trusts or Estates.   You can not import a K-1 from Turbo Tax Business Program.

[Mike9241]

The answer is no for private partnerships. Maybe if it is a publicly traded partnership that allows you to download an xxx.txf file that can be imported into TurboTax.

here's one such website but I believe a certain accounting firm uses a different one

https://www.taxpackagesupport.com/