IN – Indiana K1 Partner’s Share


Article: 50319

Overview

If you received a Schedule K-1 from a and need to report your share of income, deductions, or credits on your Indiana individual (Form IT-40), you must complete the IN K-1 Partner’s Share form in your state return section.

Add IN Schedule K-1

To add IN Schedule K-1:

  1. Go to the State taxes section.
  2. Select I’d like to see the forms I’ve filled out or search for a form.
  3. In the drop list, select Indiana.
  4. Select the Other tab.
  5. Select K1 Partner’s Share to add and open the form.
  6. Complete the form with your applicable information.
  7. Click Save to apply changes.
Many of the fields in this section are override entries. This means they replace data that might otherwise be imported from your federal K-1 form. Be cautious: Only override these entries if you are certain the information should differ from the federal return data. Override fields are typically highlighted in green.

Further Information

Review the IT-65 instructions for more information.