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December 27, 2023
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Schedule K-1 form 1041

  • December 27, 2023
  • 1 reply
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I have a Schedule K-1 (Form 1041) showing interest, dividend and deduction amounts. I need to amend my 2023 return. 

 

Where can I enter this information?

    Best answer by DoninGA

    You cannot amend a 2023 tax return since no 2023 return has been filed.  You mean the tax year 2022 return you filed in 2023.

    See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr

     

    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, click on the start or update button

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    December 27, 2023

    You cannot amend a 2023 tax return since no 2023 return has been filed.  You mean the tax year 2022 return you filed in 2023.

    See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr

     

    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, click on the start or update button

    December 30, 2023

    Yes, I did mean tax year 2022.

     

    Your instructions were spot on.

     

    Thank you