When entering K-1 information, Turbo Tax asks to "Enter Your Liability Share". Where do I find that information?

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When entering K-1 information, Turbo Tax asks to "Enter Your Liability Share". Where do I find that information?

If this is K-1 for a partnership or multi-member LLC (Form 1065), then the liability share for each partner/member should be listed on the K-1 form (Section K on the form). If it isn't listed, you will need to go back to the LLC/partnership and ask to get the information. See a sample of the Form 1065 K-1 below.

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When entering K-1 information, Turbo Tax asks to "Enter Your Liability Share". Where do I find that information?

If this is K-1 for a partnership or multi-member LLC (Form 1065), then the liability share for each partner/member should be listed on the K-1 form (Section K on the form). If it isn't listed, you will need to go back to the LLC/partnership and ask to get the information. See a sample of the Form 1065 K-1 below.