The Canadian equivalent of Schedule K-1 is the T5013. K-1 splits partnership earnings so that earnings can be taxed at an individual income tax rate instead of the corporate tax rate. You can enter your K-1 amounts there. Or if it was a limited partnership, then you can enter your Net partnership income (loss) on the page "Partnership Income Not Reported on a T5013".
If you are using TurboTax Online, you can search for “T5013” on the Tax Home page.
If you are using TurboTax Desktop in EasyStep mode, select Income & Expense>T-Slips from the left side menu. Then you can check off the T5013 and then continue through the pages until you get there.
If you are using TurboTax Desktop in Forms mode, you can search for the T5013 by clicking on the Forms icon in the blue icon bar.
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