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Which version of turbotax do I use to record s-corp income on our personal taxes? The company's taxes are done separately by the CPA, I just need to know which version to use for our personal taxes. It's not on the deluxe package.
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posted
June 4, 2019
5:03 PM
last updated
June 04, 2019
5:03 PM


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Which version of turbotax do I use to record s-corp income on our personal taxes? The company's taxes are done separately by the CPA, I just need to know which version to use for our personal taxes. It's not on the deluxe package.
Your CPA should have produced and given you a Schedule K-1 for the S corp. This form will require you to have the Premier version of TurboTax, not Deluxe.
https://turbotax.intuit.com/personal-taxes/online/premier.jsp
If you have already started in the Deluxe, you should be able to upgrade in program by simply accessing the K-1 section. You can use the search function and search for "K-1" and click the jump to link that appears. Answer Yes to did you receive a K-1 and the program will prompt you to upgrade. Or, you can find this section under Federal Taxes > Wages and Income > Other Business Situations > Schedules K-1, Q
June 4, 2019
5:03 PM
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