Schedule K-1 (Form 1065)

Forum|Forum|4 years ago
April 11, 2022
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I bought some commodity stocks in 2020 and filed it using Form 1065 (turbotax software). This year even though I did not make any changes to my stocks I received another Form K-1 1065 from the Partner (Publicly traded partnership).

I am using turbotax premier 2021 software and I can't find Form1065 to file out the information.

How can I file this using my turbotax software?

Please advise.

Best answer by MinhT1

You can enter your Schedule K-1 by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then on Wages & Income on top of the screen
Scroll down and locate the section S-Corps, Partnerships, and Trusts and click on Show more
Click Start next to Schedule K-1
Choose the correct form for your Schedule K-1 (Form 1065, 1129S or 1041)

MinhT1Answer

You can enter your Schedule K-1 by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then on Wages & Income on top of the screen
Scroll down and locate the section S-Corps, Partnerships, and Trusts and click on Show more
Click Start next to Schedule K-1
Choose the correct form for your Schedule K-1 (Form 1065, 1129S or 1041)

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David723

Do you know when the K-3 will be added to TT software? I have foreign income, unchecked Box 16 and filed my return and will amend the return in the fall after my partnership publishes their K-3. All I’m asking is when will TT have the K-3 so I can e-file or print my amended return. Thanks.