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February 28, 2023
Question

Where do I enter Schedule k-1?

  • February 28, 2023
  • 1 reply
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Instructions for schedule k-1 Form 1041?


1 reply

February 28, 2023

You will need the Premier (or Self-Employed) version of TurboTax in order to report a K-1.   To enter your K-1

  1. Sign in to your TurboTax
  2. Open or continue  your return
    • Choose a section from the TurboTax menu and select Pick up where you left off
  3. 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
  4. 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
  5. This will take you to the Schedules K-1 or Q screen
  6. We’ll ask some questions about your K-1, and then you’ll enter the data from the form
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