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February 25, 2024
Question

Can anyone help me understand why Turbo tax online 2023 version won't allow me to enter schedule k-1 into my personal taxes.

  • February 25, 2024
  • 1 reply
  • 0 views
The system asks, "Did you receive any schedules K-1? the moment I click Yes. Then it brings me this error message, " Something went wrong"

1 reply

February 26, 2024

If you are consistently having this issue happen to you in TurboTax Online Premium, I would exit the software and re-enter the software using a different browser.

 

There are three different kinds of K-1’s that can be entered into TurboTax software.

  • Partnerships/LLCs (form 1065)
  • S corporations (form 1120S)
  • Estates and trusts (form 1041)

You should be able to read the top of the form and determine which K-1 that you will be entering.

 

Please follow these directions.

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & Income.
  • Under Your income and expenses, scroll down to S-corps, Partnerships, and Trusts and click the down arrow to the right.
  • Select Start/Revisit to the right of Schedule K-1.
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