Solved
Which desktop version should I get?
Hello, I have W2, rental properties, and a couple of K1s (1065 partnership). Would TT Desktop Premiere suffice? I don't need to upgrade to Home & Business right? Thanks.
Of course! You only need Home & Business if you have self employment on Schedule C. You don't need to actually prepare the 1065 and K-1 do you?
To enter a K-1 go to
Federal Taxes Tab or Personal (Home & Business version)
Wages and Income
Then scroll way down to Business items
Schedules K-1, Q - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
Enter each k-1 separately.
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