I have a follow up question and hope you can give me some advice.
On screen "Choose Type of Activity" for Schedule K-1, the last checkbox says "This K-1 reports amounts in more than one boxes of 1, 2, and 3" then asks to use separate K-1 for each activity. My question is, does a zero in box 1, 2, or 3 indicate an amount and requires a separate K-1 entry? My K-1 lists three companies and all have a number in box 1, 2, and 3, but most of them are zeros. Just hope I could save some work for the entries of zeros.
Thanks in advance!
Qi
