Question

Schedule K-1 (Forms 1065, 1120, and 1120-S) - Number of Forms Supported

Accepted Answer

The TaxAct^® 1040 program supports the following number of Schedules K-1:

50 - Partnership Schedule K-1 (Form 1065) Partner's Share of Income, Deductions, etc.
50 - S-Corp Schedule K-1 (Form 1120-S) Shareholder's Share of Income, Deductions, etc.
8 - Estate Schedule K-1 (Form 1041) Beneficiary's Share of Income, Deductions, etc.

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.