M-MTax
Level 15

Get your taxes done using TurboTax


@user17711936670 wrote:

What I am gathering is that TT business should have created two separate k-1 forms. 


No, that is not the way it is supposed to work when filing a 1065 and associated K-1s.

 

As @AmeliesUncle wrote: "TurboTax isn't set up for amounts in Box 1 and 2 (you need to enter them as separate K-1s)". Thus, you just need to enter the K-1 you have twice, one for Box 1 and one more time for Box 2. You don't want TurboTax Business to generate two separate K-1s just because you have figures in Boxes 1 and 2.