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March 17, 2024
Question

I've already had my S-Corp taxes done by a professional. All I need is to get the loss from schedule K-1 on to the 1040. Intuit will force me to upgrade to enter k1?

  • March 17, 2024
  • 2 replies
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2 replies

March 17, 2024

In TurboTax Online, all IRS Schedule K-1 income and information must be reported on the Premium version.

 

See this comparison of the online programs.

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DoninGA
March 17, 2024

When using the TurboTax online editions the Schedule K-1 can only be entered using the Premium online edition.

Your post shows you are using the Deluxe Live edition which costs more than the standard Deluxe edition since the Live edition include support from Tax Experts.

If you do not need the Live edition, see this TurboTax support FAQ for removing the Live - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US?uid=ltvoy26v