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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

 
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Level 4

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

TurboTax has to treat the business income (box 1) and real estate income (box 2) differently and asks you to use two K-1 entry forms.

To do this:

  1. Create the first K-1, entering the box 1 amount along with ALL the information EXCEPT BOX 2. 
  2. After you're finished entering the first K-1, you'll be returned to the K-1 summary screen.
  3. Click the box Add Another K-1. 
  4. On this K-1, enter ONLY the amount from Box 2.
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New Member

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

How do I do this for each state K-1?  I have Ala and Miss income taxes to do.  Their state forms are different than the TurboTax K-1.
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Level 2

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.