I own shares in an MLP named Enterprise Transfer LP (stock ticker ET). This company resulted from a merger of ET, USAC, and SUN. On my Form 1065, in the Part III section my K-1 states "Do Not Use Part III Information, See 2019 Supplemental K-1 Information Statement".
On a Supplemental K-1 Information Statement, it lists the FEIN for each of the three Separate Passive Activies. All are PTP and Pass-thru. The type of activity is Trade/Business.
There are entries for lines 1- 20 for ET, USAC, and SUN. The numbers appear to total up to the totals shown on the Part III information. For ET and USAC, there is data in Box 1, and none in Box 2 and Box 3. For SUN, there is data in Box 1 and Box 2.
I have seen several responses to breaking out the data, but those appear to be when there are numbers reported in only one of Boxe 1, 2, or 3. If I check the box "This K-1 reports amounts in more than one of the boxes 1, 2, and 3, it says I have to enter the business activies on one K-1 and the real estate rental on another K-1.
As noted, this is a 2019 return I am amending. I figured out while working on 2020 returns that I incorrectly entered the data on 2019, so I want to fix that before filing 2020.
So can somebody step me how to enter data for a company that generates one K-1, which includes three different companies with three different FEIN numbers, and one of the component companies is involved in Business (box 1) and Rental Real Estate (Box 2).
