You will enter each K-1 separately and then you will enter the loss carryforwards from each of them in a different section. Although, there is a known issue and the loss information won't stay input until the fix is released on 04/08/2022. After April 8 you can follow these steps In TurboTax Desktop to get to the loss carryforward information:
- Within your tax return click on Federal Taxes and Wages & Income
- Click I'll choose what I work on
- Scroll down and click Update for the Business Deductions and Credits line
- Click Start or Update for the Net Operating Loss line
- Enter your 2020 operating loss carryover and Continue
- Enter your 2020 QBI loss carryover and Continue
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