Schedule K-1 (Form 1065) - Entering in Program

To enter or review information on Schedule K-1 (Form 1065) Partner’s Share of Income, Deductions, Credits, etc.:

  1. From within your TaxAct return (Online or Desktop), click Federal (on smaller devices, click in the top left corner of your screen, then click Federal).
  2. Click the Business Income dropdown, then click Partnership income (Form 1065 Schedule K-1).
  3. Click + Add Federal Partnership Schedule K-1 to create a new copy of the form or click Edit to edit a form already created (desktop program: click Review instead of Edit).
  4. Continue with the interview process to enter or review your information.