i read on this board that i need to create sub K1s for APU and SXL. How do I create a sub K1 on turbo tax ( i assume sub K1s would somehow be linked to the ETP K1). Would it be better to just create three different K1s. Your feedback will be appreciated
The same way you would enter any K-1 you received in the mail (ie. which you didn't download).
It would only be 'linked' in as far as the name you give it - there is no way to 'link' K-1s in the software.
Thank you Liza and arbtrdr - you answers confirm my guesses - I usually download the broker info into turbo tax. However, i always key in the K1!s manually and check for errors after each K1. I have found this method to be the most efficient.