If your W2 is issued from the business that issues the Schedule K-1, you are not allowed to deduct unreimbursed business expenses in 2022 due to the Tax Cuts and Jobs Act. If you have unreimbursed partnership expenses from your Schedule K-1 issued from a different business than the W2, you will report your unreimbursed expenses toward the end of the interview steps to enter your Schedule K-1.
You can get to the section to enter a Partnership K-1 in TurboTax Online by following these steps:
Sign in to your TurboTax
Open or continue your return
Choose a section from the TurboTax menu and select Pick up where you left off
Using the search bar, type K-1 and select the Jump to link from the search results
Note: If the Jump to link doesn’t work, select the Federal tab, then under S-corps, Partnerships, and Trusts, select Wages & Income
Select Revisit or Start next to Schedule K-1
Answer Yes to Do you want to review Schedules K-1 or Q? and follow the prompts
Note: You may be prompted to upgrade to Premier, if you're not already using it
This will take you to the Schedules K-1 or Q screen
We’ll ask some questions about your K-1, and then you’ll enter the data from the form
To enter in TurboTax CD/Download:
Sign in to your TurboTax
Open or continue your return
Using the search bar, type K-1 and select the Jump to link in the search results
This will take you to the Schedule K-1 and Schedule Q screen
Note: If the Jump to link doesn’t work, select Personal, then Personal Income
Select I’ll choose what I work on and continue until you reach the screen, Your 2022 Income Summary
Select Start next to Schedule K-1 under Business Investment and Estate/Trust Income
Answer Yes and follow the prompts
We’ll ask some questions about your K-1, and then you’ll enter the data from the form
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"