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March 25, 2023
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K-1

  • March 25, 2023
  • 1 reply
  • 0 views

I am using Turbotax Business preparing an 1120s form. Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040? I would like to see these numbers on K-1 BEFORE filing the 1120s.

Thank you!

Best answer by Anonymous_

@Maxtax899 wrote:

Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040?


Yes. Enter Forms Mode (icon in the upper right side of the screen) and open your K-1 from the list of forms on the left side of the screen.

1 reply

Employee
March 25, 2023

@Maxtax899 wrote:

Can I complete the 1120s but see the numbers that will be used for my K-1 on my personal 1040?


Yes. Enter Forms Mode (icon in the upper right side of the screen) and open your K-1 from the list of forms on the left side of the screen.

Maxtax899Author
March 25, 2023

Excellent! Thank you. When I close the K-1 after viewing it will save all of the entries right?

Employee
March 25, 2023

@Maxtax899 wrote:

Excellent! Thank you. When I close the K-1 after viewing it will save all of the entries right?


Yes. All of your entries will be saved.