How to Enter Schedule K-1, K-3 Form 1065

You may need to enter Schedule K-1 Form 1065 on your eFile.com tax return - follow the instructions below. If applicable, see instructions on how to enter K-1 for Form 1120.

Step
Description
1. Sign in to eFile.com
Sign in to eFile.com and enter your information to set up your account. You can then work the tax interview to be guided through all sections and add your income.
2. Add Your K-1
To add your K-1 details, select Federal Taxes -> Review on the left green menu. Then on the right side page click on I'd like to see the forms I've filled out or search for a form. Here, you can review or edit forms you have entered, browse various forms by category, and search for a form. You can enter a form number or a key word for the form or schedule. For example, enter "K-1" to find where to report your K-1 and K-3 information. Click the "+ Add form" button to add a specific form manually.

Review - eFile Screenshot

3. Complete all K-1 Questions
You will need to complete all sections by selecting the blue boxes at the top and inputting all details from the form(s) you received.

Review - eFile Screenshot
To enter Schedule K-3 as an extension for Form K-1, select the section range K-1 12-20 and then scroll to line item 16. K-3 is an extension of the K-1 schedule to report foreign transactions and activities on Form 1116 or foreign tax credit.
Review - eFile Screenshot

Once you are finished with this K-1, select Save at the bottom and you will be able to review all your forms and entries. Make any changes or additional entries as needed before you finalize and e-file your return(s).

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