Which Turbo Tax product should I use if receiving a K-1

betty-gilbert · ‎March 30, 2019

In 2018 we changed my husband's business structure from a sole-proprietor filing a Schedule C to an LLC Partnership, with my husband and I as members. Due to this change, I have had a CPA prepare the 1065 partnership return and we will be receiving a K-1. Will the Turbo Tax Home and Business software suffice to prepare our 1040 joint return?

PaulaM · ‎March 31, 2019

Yes, you can use TurboTax Home and Business to enter a K-1.

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betty-gilbert · ‎April 1, 2019

Thanks for the help, Paula

PaulaM · ‎April 2, 2019

You are so welcome 🙂

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Which Turbo Tax product should I use if receiving a K-1