Question

K-1 form 1065

Forum|Forum|2 years ago
March 6, 2024
2 replies
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i need to submit form 1065 from a K-1 2023 paternership. It won't let me add this form in my personal taxes how do i file this form?

Ask the Experts - MetLife III - Mar 2024

R

RobertB4444

You don't submit form 1065, the partnership does that. You received a K1 from the partnership and you need to enter that into your tax return.

Go to the 'Wages and Income' section of your federal return and scroll down to 'Business Items'. Click start next to the line for schedule K-1 and you will enter the numbers there.

@chkerby

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C

chkerbyAuthor

I inputted the K-1. So when I paid into this it is for a scholarship program and was told that I would receive money back from the state because this is a pass through. however, the amount i owe the state never went down by the amount i was told

VolvoGirl

Employee

@chkerby You have that backwards. You submit a K-1 from a 1065 Partnership return. OR do you need to actually prepare the 1065 tax return to get the K-1 forms?