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March 4, 2025
Question

Does TurboTax allow importing of Schedule K-1 ?

  • March 4, 2025
  • 1 reply
  • 0 views

Hello,

I have a couple of Master Limited Partnership investments and they produced a Schedule K-1 on their websites which also allowed exporting the K-1 for turbo tax, however, I cannot find anywhere in turbo tax an import feature.  I am using the online Turbo Tax Premium and the type of Schedule K-1s I downloaded are for Partnership/LLC (Form 1065).

 

If I select the following my only option is to enter everything manually.

 

Scroll to the bottom, S-corps, Partnerships, etc. are for Schedule K-1

1 reply

PatriciaV
Employee
March 11, 2025

At this time, TurboTax can retrieve only Forms 1099-INT, 1099-DIV, and 1099-B. The information from Schedules K-1 will need to be entered manually.

 

Read more here: Where do I enter a Schedule K-1 that I received?

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