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April 12, 2021
Solved

How do I input a Form 1041 Schedule K1 in my personal Turbo Tax tax return?

  • April 12, 2021
  • 1 reply
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Best answer by VolvoGirl

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

 

1 reply

VolvoGirl
VolvoGirlAnswer
April 12, 2021

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to Business items

Schedules K-1, Q - Click the Start or Update button

 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

 

donkoehnAuthor
April 15, 2021

Worked great. Thanks.