Article: 50319
Overview
If you received a Schedule K-1 from a partnership and need to report your share of income, deductions, or credits on your Indiana individual tax return (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:
- Go to the State taxes section.
- Select I’d like to see the forms I’ve filled out or search for a form.
- In the drop list, select Indiana.
- Select the Other tab.
- Select K1 Partner’s Share to add and open the form.
- Complete the form with your applicable information.
- 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.