What is a Schedule K 1 On TurboTax (EXPLAINED)
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0๐๐ What is a Schedule K-1? | TurboTax Support Video
Wondering what a Schedule K-1 is? This guide explains its purpose and how it impacts your tax filing.
In this video:
0:00 - Introduction
0:05 - What is a Schedule K-1?
Learn about Schedule K-1, a tax form used to report income, deductions, and credits from partnerships, S corporations, and trusts. This tutorial covers how to read the form, what to do with it during tax filing, and the types of entities that issue a Schedule K-1.
Understand Schedule K-1 and how it affects your taxes with this simple guide!
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