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2 replies

Employee
May 25, 2024

Note that you need to upgrade from Deluxe (online) in order to enter a K-1.

VolvoGirl
Employee
May 25, 2024

You need to upgrade to Online Premium or any of the Desktop programs to enter a K-1.


To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S