Skip to main content
May 30, 2022
Solved

I need to amend my 2021 tax return on TurboTax online. (After filing my return, I received 2 Schedule K-1 forms.)What do I click on in TurboTax to initiate this?

  • May 30, 2022
  • 1 reply
  • 0 views
(I tried clicking on "Add Income", but that did not give me an option to add a K-1.)
Best answer by Critter-3

To enter a K-1 go to 
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on  (if it comes up)
Then scroll way down to Business Items
 S-corps, Partnerships, and Trusts.  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

1 reply

rjs
Employee
May 30, 2022

In the Search box type k-1, then click the link that says "Jump to k-1."

 

bbooth626Author
May 30, 2022

Hi RJS,

Yes, I have tried entering "K-1" in the search bar, but for some reason I am not seeing a link for "Jump to". Instead, I see a link for "K-1 Trusts & Estates" (which is what my K-1 forms pertain to) - upon clicking that, it displays many posts on the topic. I selected "Where do I enter a K-1 that I received?", which instructed me to enter enter "K-1" and select "Jump to" just like you said, which does not seem to be working for me. Any suggestions? Much appreciated, BRIAN

Critter-3
Critter-3Answer
May 30, 2022

To enter a K-1 go to 
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on  (if it comes up)
Then scroll way down to Business Items
 S-corps, Partnerships, and Trusts.  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