Use Turbo tax premier and recieved k1 from a stock owned
Hi, I purchased some stock and I received K1 from the company. I am using Turbo tax premier and seems like there is no place for me to report K1. What should I do?
02365
2 Replies
holoberg
Level 2
Mar 28, 2022 7:02:57 PM
Scroll down under Income. K-1 is at the lower end of the section.
PattiF
Expert Alumni
Mar 28, 2022 7:04:16 PM
Here are instructions to enter the Schedule K-1:
Sign in and open your return by selecting Pick up where you left off under a section.
Search for K-1 and select the Jump to link at the top of the search results.
This will take you to the Schedules K-1 or Q screen.
Answer Yes and follow the prompts. You may be prompted to upgrade to Premier if you're not already using it.
We’ll ask some questions about your K-1, and then you’ll enter the data from the form.