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Question

can i change my 2024 taxes tothe form 1065,i used the wrong form

Forum|Forum|11 months ago
April 8, 2025
1 reply
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Employee

You can use TurboTax Business to prepare a Form 1065 - but that is a business only return. You still need a personal tax product to prepare your personal taxes on Form 1040. If you have a K-1 from a partnership or multimember LLC, that gets entered with your personal taxes on Form 1040. In that situation, you would not need TurboTax Business.

Where do I enter a Schedule K-1 that I received?

Do you own a partnership or multi member LLC that you need to prepare a business return for? Or do you just need to include a K-1 from a partnership or multimember LLC on your personal tax return? Or both?

What type of entity is my business?

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