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March 11, 2025
Question

Do I need to enter my K1 into Turbo Tax?

  • March 11, 2025
  • 1 reply
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Sale information is not provided on K1. How am I supposed to proceed?

    1 reply

    DawnC
    March 11, 2025

    Use the instructions below to enter your K-1.   Schedule K-1 is used to report the amount of income each party is responsible for in a pass-through entity, like an S corporation or partnership.  Each shareholder or partner will receive a Schedule K-1.  If you're part of a new S corporation or partnership, learn more about the Schedule K-1 tax form and how you can use it to file your taxes, by clicking on the link above.

     

    Where do I enter a K-1 on my personal tax return?  

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