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Hi there! Yes — the H&R Block Premium software does support Schedule K‑1s, and it's designed to handle K‑1s from partnerships, S‑corps, and estates/trusts. Premium is one of the tiers that specifically includes the forms and interview screens needed to correctly enter K‑1 information, which is why Deluxe isn’t enough for most K‑1 situations. According to independent tax guidance, K‑1 support is built into the Premium and Premium & Business tiers, with Deluxe only offering limited support for very simple K‑1s. Premium also includes support for Schedules C, D, and E — the schedules where K‑1 income flows — confirming that Premium is appropriate for most taxpayers who need to report pass‑through income.
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