@jgilmer78 Imagine you were deducting a home office, and needed to split your electric bill between personal and business usage. Would you expect TT to make that split for you? The software has no idea whether your office uses 1%, or 99%, of your total electric bill. Similarly, why do you expect TT to know how much of your 13A charitable deductions were from the rental side of your partnership, or the pipeline side? Either the K-1 preparer must give you this information or you have to use your best judgement to make the split.
As a rule of thumb, if one side of the business is massively larger than the other, its probably safe to assign all the line items to the "big" K-1. If they're close to the same size, a proportional split would seem logical. And if the decision on how to split things is going to make a material difference to your tax bill, then its probably best to hire a tax preparer to help make the decisions.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
