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Get your taxes done using TurboTax
As JamesG1 explained, because your K-1 has information in Boxes 1 and 2, you will need to enter two separate K-1s.
To do this, enter all of the K-1 information in the first K-1 entry except for Box 2.
Then, Add Another K-1 and enter the basic information from the K-1 (i.e., name, address, etc.) but only enter the amount from Box 2.
This method will result in all of the K-1 information being recorded in TurboTax, with only the Box 2 information entered separately.
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4 weeks ago