Where to enter Georgia K1?

Forum|Forum|1 year ago
September 11, 2024
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I need to enter a Georgia K1. There are adjustments to income that need to be made and also only a portion of the loss is applicable to Georgia. I can not figure where to enter that in Turbo tax. Any help or suggestions are appreciated.

DoninGA

Employee

The state of Georgia does not have separate Schedule K-1. You enter the Schedule K-1 you received (1041, 1120-S, 1065) in the federal section of the TurboTax program.

To enter a Schedule K-1

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Business Items (Business Investment and Estate/Trust Income using Home and Business)
On Schedule K-1, Q, click on the start or update button

Or enter k-1 in the Search box located in the upper right of the program screen. Click on Jump to k-1

ccubAuthor

Thanks. However I have entered the federal K1. Since income is earned in multiple states, I have a Georgia Form Schedule K1 Equivalent that makes adjustments and apportionments for Georgia. That is what I am trying to enter.