I think that you are saying that you are entering a single K-1 form from a 1120S that has more than one activity listed in boxes 1, 2 and 3? Please clarify.
In TurboTax Online, at the screen Choose Type of Activity, instructions say:
To determine what type of activity your S corporation was involved in, look at boxes 1 through 3 of your Schedule K-1. An amount on:
- Box 1 indicates business activity
- Box 2 indicates real estate rental activity
- Box 3 indicates other rental activity.
- Other indicates a single activity other than a rental or business activity. This might include something like an investment club.
If your K-1 does not have an amount on these boxes, select Other.
Note: If your K-1 shows more than one type of activity, treat each one separately. Enter all business items on one K-1, all real estate rental items on another K-1, and all other rental items on a third K-1.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
