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D
deannaev
February 12, 2025
Question

K-1

  • February 12, 2025
  • 1 reply
  • 0 views

I bought Turbotax deluxe 2024. Can I use this version to enter a LOSS from a K-1 and spread it over multipule years?

    1 reply

    T
    ThomasM125
    February 13, 2025

    Yes, you can enter the Form K-1 in the Deluxe version of TurboTax. The loss can be carried over to future periods if not deductible in the current year. You will see the K-1 entry under Business Items in the Wages and Income section.

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