You'll need to sign in or create an account to connect with an expert.
What did you get? Did you get a K-1? You need to use the Premium version to enter a K-1.
To enter a K-1 go to
Federal Taxes Tab or Personal (Home & Business version)
Wages and Income
Then scroll way down to S-Corp, Partnerships and Trusts
Schedules K-1 - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
did that when I filed my s corp taxes...
Yes but you have to enter the K-1 that the S corp return prepared and enter it into your personal return. That is your income.
To clarify, did you have federal income and FICA taxes withheld?
how/ where? it won't let me edit.
I finished my s corp tax return a few hour ago on turbo tax...
no
Did you use the Turbo Tax BUSINESS program to file the S corp return? Business is only available for Windows computers. (it is not the same as Home&Business). Print out the 1120 S schedule K-1. Then enter the K-1 into your personal 1040 return. Are you using the Online version or a Desktop program to do your personal return?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mroman2013
New Member
wellschlagerj
New Member
FierceFabrication
New Member
avadventurespllc
New Member
pdholden2
New Member