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February 1, 2024
Question

So, I have purchased the TurboTax personal edition (Home & Business) to complete my personal tax return and Schedule K-1.  But the Schedule K-1 is not available.

  • February 1, 2024
  • 9 replies
  • 0 views
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9 replies

VolvoGirl
February 1, 2024

Are you trying to enter a K-1 or prepare a K-1?  

 

To enter a K-1 go to

Federal Taxes Tab or Personal (Home & Business version)

Wages and Income

Then scroll way down to S-Corp, Partnerships and Trusts

Schedules K-1 - Click the Start or Update button

 

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

February 14, 2024

Hey, It's 2/14. I still don't see K-1 ready. I need to enter K-1 income to see if I'm qualify nonrefundable EV tax credit. If I don't qualify, I'll need to pay my 2023 estimate income tax ASAP to avoid/reduce my tax penalty. This is frustrating. Can you just make the basic version available first and do update later? 

DoninGA
February 1, 2024

Schedule K-1 (Form 1065) for tax year 2023 should be available in TurboTax on 02/14/2024.

https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg

February 6, 2024

When will the S-Corp K-! entry be available (1120S)?

February 6, 2024

I also need to know when 1120S will be ready?  I have everything done on my returns except this and I want to submit and get my refund, Need that refund.  your software needs to be ready. 

February 13, 2024

This sort of thing happens every year.  It seem like Intuit only hires people in January for patching the software.  But they hire the marketing team in the fall to generate money.

 

For me, it is an unusual year after selling my house.  I really want to know what tax bracket I'm in to strategize on whether Munis make more sense than a taxable money market.  I can't even get an estimate until the K-1 issue is resolved.

 

The tough part is that I know this software well after years of use.  Would another be better? Or do they do the same stuff. How long to learn something else? 

 

February 14, 2024

This is getting repetitive and annoying. Last Year, I couldn't file my LLC's tax return because of some New York Form not being available until the first week of March.

Same exact situation. I'm also getting tired of it too and it may be time to move on.


I'm pretty sure Turbo Tax even charges more money the further you delay filing your taxes too. Maybe its just a ploy to steal our money? Lol

February 14, 2024

Are you saying it will be available until the 21st now!??

February 14, 2024

Frustrating closing on SFH on March 30th I need to file my 1065 in order to close never had issues with TurboTax for 6 years this will likely be my last time using this program ridiculous!

February 14, 2024

Still not available today, 2/14/24. I am about to use another service. If it isn't available tomorrow, 2/15/24, I am going to see what tax software has it. They are all the same.

February 15, 2024

This is ridiculous. I absolutely have to file my taxes before I leave town on the 25th and worked my tail off getting our business return done to prepare in time. I need the my state refund asap, which will process quickly once submitted. This better be out by next week or I will switch my business to another tax software. I will also be demanding a refund for this year's TurboTax purchase.

February 15, 2024

It is now 2-15-24.  The K-1 form still cannot be added to Turbo Tax.  When will this form be ready so I can complete my taxes?   All it ever says is available soon.  What is the hold up!

February 18, 2024

I have a K-1 S Corp issue as well and cannot get any response from Intuit Turbotax.  Need to complete ASAP!

 

 

 

 

DoninGA
February 18, 2024

@dspaug The Schedule K-1 for a Form 1065 and Form 1120S for tax year 2023 is scheduled to be available on 02/22/2024.

February 18, 2024

They keep moving the date.  If they do it again, I'll have to file with other software and get a refund from Intuit.  Moving timelines constantly means any date they put cannot be relied upon.   It is a shell game with no way to know if it will ever end.  Other softwares have theirs ready. No reason that the largest provider would be so far behind.