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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. 

 

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1 Reply
JamesG1
Employee Tax Expert

K-1 processing with Premier edition

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.

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