197027
ON MY K-1 SCHEDULE I HAVE INCOME BOTH ON 1 AND 2. I KNOW I HAVE TO COMPLETE 2 K-1 SCHEDULES. HOWEVER, DO BOTH HAVE TO BE COMPLETED COMPLETELY THROUGH BOX 20?
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No, only enter the amounts in each box once. So, on the first K-1 being created, enter the value in box 1, plus the amounts in all the other boxes (box 5 through box 20). Then for the second K-1, enter the amount in box 2 and then do not enter any other amounts in other boxes for that second K-1.
No, only enter the amounts in each box once. So, on the first K-1 being created, enter the value in box 1, plus the amounts in all the other boxes (box 5 through box 20). Then for the second K-1, enter the amount in box 2 and then do not enter any other amounts in other boxes for that second K-1.
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