@AbrahamT Thank you for the detailed explanation. I actually just submitted my old returns yesterday but did something
similar to what you have mentioned above. I had 2 rental properties that had passive carryover income from prior years ( married filed jointly) and hence on the new return for my personal taxes I had 2 K1’s (one for me and one for my wife from the LLC). I added the amounts from both the properties from my old personal taxes and dived this by 2 and entered this amount for each of the K1 lines in my personal taxes. Hope this was the correct way to split it. The one thing I might have done wrong is that I put this amount in the income from box 2a as this was rental passive income instead of the box 1 like you had shown above. Was I supposed to enter this in Box 1 ? What is the differences between these two boxes and will this cause an issue for future returns.?
