The Deluxe version is not available to enter K-1 information from s sub chapter S entity. Any knowledge on when this will be updated?

The Schedule K-1 for a Form 1120S for tax year 2023 will be available on 02/22/2024.

The TurboTax Deluxe online edition does not support a Schedule K-1.  You will need to upgrade to the Premium online edition.