You probably mean K-1 forms received from a partnership, S-corp, or trust/estate.
Please make sure you
use the right K-1 entry form. There are actually three types of K-1s,
depending on the type of entity creating the K-1: partnership, S-corporation
and trust/estate. Lines and codes on the forms differ from
each other.
Enter information for
the Schedule K-1, following these steps:
- Click on Federal Taxes >
Wages & Income [In TT Self-Employed: Personal >
Personal Income > I'll choose what I work on].
- Under Other Business Situations,
click on the box next to Schedules K-1, Q. [Screenshot #1,
below.]
- Click Yes on
the next screen, Schedules K-1 or Q.
- On the Tell Us About Your
Schedules K-1 screen. Click on the Start/Update box
next to the type of entity (partnership,
S-corporation, or trust/estate) that issued the K-1.
[Screenshot #2]
- If you have already entered K-1
information, you will see a Summary screen. Click Add
Another K-1 to enter your information (or click on Edit
to continue with the existing form entry). [Screenshot #3]
- If you haven't started
entering K-1 information, continue through the screens, entering the
requested information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
