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New Member
posted Jan 21, 2021 9:03:59 AM

What version of Turbo Tax should I purchase if I have multiple partnership k-1s

0 2 609
2 Best answers
Level 15
Jan 21, 2021 9:06:00 AM

To use the Online version you need Premier or the Self Employed version to enter K-1 .

 

For the Desktop CD/Download program you can buy any version.  All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. 

Level 15
Jan 21, 2021 9:07:33 AM

If you have multiple K-1s to enter, you can use TurboTax Premier or Self-Employed if you want to prepare your return with an online product.

 

You can also use any desktop (installed) version of TurboTax since the desktop versions contain all of the forms. For your purposes, Premier would provide the most guidance.

2 Replies
Level 15
Jan 21, 2021 9:06:00 AM

To use the Online version you need Premier or the Self Employed version to enter K-1 .

 

For the Desktop CD/Download program you can buy any version.  All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. 

Level 15
Jan 21, 2021 9:07:33 AM

If you have multiple K-1s to enter, you can use TurboTax Premier or Self-Employed if you want to prepare your return with an online product.

 

You can also use any desktop (installed) version of TurboTax since the desktop versions contain all of the forms. For your purposes, Premier would provide the most guidance.