Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Mar 3, 2025 1:12:26 PM

K-1 processing with Premier edition

Filling in the income section of my premier edition. Just ask if I received a K-1 statement from a partnership. I noticed in my Brokerage account that I had bought an energy stock a few months back and I should expect a K1 form in the mail by March 15. Turbotax suggested I upgrade to Business version for $15 to help with my business taxes. I'm not a business owner but maybe, sort of, because I bought stock that is a partnership. Will Premier handle this?? Hate to start over with the business version upgrade. 

 

0 1 1359
1 Replies
Expert Alumni
Mar 3, 2025 2:29:53 PM

You should be able to upgrade TurboTax Premier Desktop.

 

In the lower right hand corner of the screen, select Upgrade TurboTax.

 

See also this TurboTax Best answer.