How Do I Enter 1099K in Turbotax?
In your TurboTax program, search for K-1 and select the Jump to link in the search results. In Mac: Select the Federal Taxes tab, then Wages & Income. On the Income Summary screen, scroll down to Schedules K-1, Q and select Start. This will take you to the Schedule K-1 and Schedule Q screen.
Do you need to upgrade to Premier for TurboTax?
Answer Yes and follow the prompts. Note: You may be prompted to upgrade to Premier, depending on which version of TurboTax you’re using. On the other hand, if your e-filed return was already accepted or you already mailed it in, you’ll need to amend to add the K-1 to your taxes.
