K1

Forum|Forum|2 years ago
February 26, 2024
1 reply
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Updated my desktop software as of 2/25 and still cannot find a K1 anywhere or the forms to generate the K1. With the filing date moving closer I sure hope you will have something soon for paying customers.

TurboTax Home & Biz Windows

Best answer by Critter-3

If you need to complete a partnership form 1065 or a Corporate form 1120-S then you must use the TT BUSINESS program not the HOME & BUSINESS personal tax program.

Critter-3Answer

If you need to complete a partnership form 1065 or a Corporate form 1120-S then you must use the TT BUSINESS program not the HOME & BUSINESS personal tax program.

Tode2Author

You're kidding, I cannot file for an LLC using the "business" home edition??

DoninGA

Employee

What type of LLC? Multi-member or Single member?

If Single member LLC has the LLC been incorporated in their state? If not, the single member LLC is a disregarded entity and does not issue a Schedule K-1, they report their income on a Schedule C which is included in the Home & Business edition.

If a Multi-member LLC or a Single member LLC that has incorporated in their state as a S Corporation then you would have to use the TurboTax Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/