@Mike9241 Mike thanks for your reply.
What do you mean by `first K1`.
I only received one K1. It has "Total ordinary income from trade or business activity before dividend income" in Box 11, code I. After reading IRS documents, I think this should be reported in Box 1. There are also short and long term capital gains in the same K1 (also in Box 11, code I), which I think should be reported in box 8.
So I tried filling in both Box 1 and Box 8 in Turbo tax but was not allowed by TurboTax.
Questions:
1. Do you think I should fill this K1 as two K1 forms in TurboTax - one for Box 1 and the other for Box 8?
2. From this post, It says "the administrative information ( Part I - Information about the Partnership, Part II - Information about the Partner) go on both K-1s, with one exception - Section J (Partner's Share of Profit, Loss and Capital) does not go on both K-1s. " . So in the two K1 forms, I should fill in Part I and part II on both, but section J only on 1 of the two.
