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June 1, 2019
Question

Where do I enter personal expenses for a K-1 employment?

  • June 1, 2019
  • 1 reply
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New computer expenses
Mileage expenses

1 reply

Employee
June 1, 2019

Under certain circumstances you can deduct partnership expenses, if the partnership agreement requires you to pay these expenses personally. You enter these expenses when you enter the information from the K-1, and they are reported on Form 1040 Schedule E. Turbotax will prompt you to enter these expenses.