How to add 3 more Schedule K-1 to Turbo Tax Delux Tax Return

Forum|Forum|2 years ago
April 11, 2024
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Hello,
I am returning to my 2023 tax return. I entered one K1 back in February. Now I need to add 3 more K1 forms. But I am having a senior moment and can't figure this out.

In the TT 2023 I see the Business Items section and a Schedule K-1 has a number (this is from my posting in February). But I can't see how to add 3 more Schedule K-1 forms.
Please help.

MinhT1

In TurboTax Online, you can enter additional Schedules K-1 by following these steps:

Open your tax return
Click on Federal in the left-hand column, then on Wages & Income
Locate the section S-Corps, Partnerships, and Trusts and click on the arrow on the right
Click Start next to Schedule K-1
Choose the correct form for your Schedule K-1 (Form 1065, 1120S or 1041)
On the K-1 Summary page, click on + Add Another K-1

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Dmitry 12Author

First, thank you very much for the prompt reply!
I found the section which is entitled:
Tell Us About Your Schedule K-1

Then it says,
Select the type of Schedule K-1 you want to enter or edit:
Partnership LLC (form 1065)
S corporation (Form 1120S)
Estates or trusts (Form 1041).

The Schedule K-1 I want to enter says the "Company Name and LLC" The Company is actually a partnership that invests in buying apartments and distribution dividends.
Should I choose the Partnership LLC? (above)