Champ -- Update. So, I deleted all entries for the s corp in question and started over, using the same name for both K-1s and performing operations in the order you outlined, doing the Ordinary Business first and Rental Real Estate Income second. During the interview for the Ordinary Business, a box containing the worksheet for entering 7203 data showed up. I entered the data relevant to Ordinary Business and finished the entries for that pseudo-k-1. During the interview for Rental Real Estate Income pseudo-k-1, there was no mention of the 7203 ( a possible area for TTax improvement ???). So, I went into forms mode and filled in the additional information to the one existing 7203 and all is well. So, thanks for experimenting and giving me a path so success. Not sure what happened in my original try that made it go crazy, but all's well that ends well.. Thank you again. I will mark your last messsage as the best answer.
