Hello, we own real estate, have business partnership and need to file a 1065/Schedule K-1. Which Turbo Tax product would be best for us to use? Thanks, Von

[clvt2017]

Hello, we own real estate, have business partnership and need to file a 1065/Schedule K-1. Which Turbo Tax product would be best for us to use? Thanks, Von

[tagteam · Accepted solution]

"Which Turbo Tax product would be best for us to use?"

In order to prepare a 1065, and associated K-1s, for a partnership, you will need to purchase a copy of TurboTax Business as well as a personal income tax preparation product (see note below). https://turbotax.intuit.com/small-business-taxes/

Note: TurboTax Business must be installed and run in a Windows environment; it is not available as an online product nor will it run natively on a Mac. Further, you still need a TurboTax personal income tax preparation product since TurboTax Business is not capable of preparing individual income tax returns (it can only prepare returns for entities).