☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Not applicable
posted Jun 27, 2020 2:57:08 PM

Where do I enter a k-1? the instructions posted don't work (i.e.a link does not appear in the search results)

0 2 281
2 Replies
Level 15
Jun 27, 2020 2:59:23 PM

Your profile indicates you are using the free version of TurboTax.

 

In order to enter a K-1, you need to be using the online version of Premier (or higher) or one of the desktop (installed) versions of TurboTax.

Level 15
Jun 27, 2020 3:04:13 PM

OR you may be able to use the other free product--the TurboTax IRS Free File Program, if you qualify.   That program can handle the Schedule E required for K-1 entry.

 

The TurboTax IRS Free File Program is fully-featured and can prepare all the usual forms and schedules.  For example, in addition to Schedules 1-3 it can prepare Schedule C, D, E, F, etc., and enter K-1. But one has to meet one of the qualifications to use.  See below:

 

To qualify for free 2019 federal and state tax returns through the IRS Free File Program delivered by TurboTax, you just need to meet one of these requirements:

 

      • Your 2019 AGI is $36,000 or less (for Married Filing Jointly returns, combined AGI of both spouses cannot be over that limit),  or
      • You qualify for the Earned Income Tax Credit (EITC); or
      • In 2019, you served as active duty military (including Reservists and National Guard) with a maximum AGI of $69,000, and you have a military-issued W-2.

 

If you qualify for that program and want to use it, see these 2 FAQs:

 

FAQ:  What is the TurboTax IRS Free File Program?
https://ttlc.intuit.com/community/choosing-a-product/help/what-is-the-turbotax-free-file-program/01/...

and

FAQ:  How do I switch to the TurboTax IRS Free File Program?

https://ttlc.intuit.com/community/downgrading/help/how-do-i-switch-to-turbotax-free-file-program/00/...