TurboTax (H & B) makes me complete 2 separate K-1s if I have something on line 1 and line 2 of the K-1. What does this happen? I'm wondering if I am doing it correctly
@drainwaters for the state k-1s you ignore the federal k-1 and use the state specific k-1 numbers in the appropriate TurboTax state module. You don’t reenter another k-1, instead you tell the state what is different than the federal numbers. I do my returns for Arizona, California, Colorado, Idaho, and Utah. So if you’re have a different state, it might be different for you, but I don’t think so.