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March 10, 2020
Question

entering completed Form 1120-S data into Turbotax Home & Business

  • March 10, 2020
  • 1 reply
  • 0 views

Had my accountant complete the 2019 Federal and PA tax return for my single owner S-Corp.   

 

I am using Turbotax Home & Business.  Is this the right software to complete my personal Federal and State returns.  I can't figure out how to take line entries from the Form 1120-S and where to put them in the Turbotax H & B.

 

    1 reply

    March 10, 2020

    type k-1 in search box.  then click on k-1 worksheet for s corp

    March 14, 2020

    THIS is bogus .  If you have home and business, click on Search and enter K1 Partnership all  you get is a bunch of useless information. There is no place to go to the form.

    March 16, 2020

    To enter the information from a K-1 in TurboTax Online

     

    • Federal
    • Wages & Income
    • S-Corps, Partnerships, Trusts
    • Schedules K-1
    •  

    If you are using the Desktop Version of TurboTax

     

    • Federal
    • Wages & Income
    • Business Items
    • Schedules K-1
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