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New Member
posted Aug 21, 2019 2:32:42 PM

What turbo tax version for limited partnerships - issueing K-1

Is there a version of Turbo Tax for limited partnerships?  Allow for the issuing of K-1's?  Filing LP tax returns?

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1 Replies
Level 15
Aug 21, 2019 2:50:45 PM

The product that can be used to prepare a Form 1065 (and associated K-1s) for a partnership is TurboTax Business.

 

See https://turbotax.intuit.com/small-business-taxes/

 

TurboTax Business is not available online nor is there a Mac version; it must be installed and run in a Windows environment. Further, you will also need a personal income tax return preparation product since TurboTax Business can only be used to prepare income tax returns for entities.