What is the form used for? :
A partnership uses Schedule K-1 to report your share of the partnership's income, deductions, credits, etc. Keep it for your records. Do not file it with your tax return unless you are specifically required to do so.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a 1065 return on the desktop and then go to Add Form/Display, and type Sch k-1.
Limits to the form: This form can only be accessed from the desktop software. This form can be copied.
IRS Publication: https://www.irs.gov/forms-pubs/about-schedule-k-1-form-1065
Solution Articles:
Sch K-1 (1041) Beneficiary's Share of Income, Deductions, Credits, etc.
