Do I report K-1 1065 Part I&II data on each K-1 when reporting income from a PTP with multiple Part III data columns? Examples: Enbridge, ETP.

[Discouranged]

Previous TT community answers stipulate creating a separate K-1 for each subsidiary partnership, using the Part III column specific for that subsidiary. That's clear.  However, those answers don't specifically instruct whether to redundantly enter the Part I and Part II data that I've already included on the K-1 I prepared for the master partnership (the one that mailed out the 1065).  I recall seeing info that says to leave Part I and Part II data blank except for inclusion of the subsidiary's FEIN.  So, do I redundantly enter the same Part I and II data or not?  Examples are the K-1 Form 1065s sent by Enbridge Energy Partners and Energy Transfer Partners each of which contain multiple Part III data columns.

[PatriciaV · Accepted solution]

No, you do not need to enter Part II information when creating another Schedule K-1 entry for a subsidiary partnership. However, enter all information from Part I on each K-1 copy. TurboTax will prompt you to enter this information during the final review if you do not.

[hannah-h-cao]

So for Part I: Should I enter the PTP information which is the company who owns all subsidiaries or enter information of each subsidiary?