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New Member
posted Apr 4, 2022 3:16:18 PM

K-1

How do you get TurboTax Business to generate the statements for the K-1 please

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2 Replies
New Member
Apr 4, 2022 3:35:15 PM

To print or save the K-1's as pdf: 

Choose File from the TurboTax Business menu bar (the gray bar that contain Business Info, Federal Taxes, Federal Review, State Tax, File. Then choose Distribute K-1's. 

 

To print K-1's individually, choose Print Center (upper right on black bar), then Specific Form and select the K-1 for a particular individual(s). 

 

Expert Alumni
Apr 4, 2022 3:37:49 PM

The K-1 is part of whichever business or fiduciary return you need to file.  Once you enter the ownership or beneficiary information on the return the K-1s are automatically populated with the information and as you input the income and expenses these are auto-populated as well.