Thank you for your response!
> In the NJ return Partnership Income section, continue the entries in NJ as if there were two K-1s.
It's impossible, NJK-1 is not split by sources of income. So I can't answer "Yes, I received NJK-1" to both of these K-1 forms and input the right data because NJK-1 contains only a summation of all income sources (this is confirmed with partnerships), there is no way to split NJK-1 between Lines of K-1.
> Let's say your federal and NJ K-1s have $50,000 in line 1 and $25,000 in line 2. If you enter them separately in the NJ return, TurboTax will combine the income from both and enter the total ($75,000) on line 21 of the NJ 1040, p. 2.
Turbotax doesn't have a flow to apply NJK-1 to this total value on NJ 1040, p. 2.
Turbotax allows you to input NJK-1 for a specific K-1 only. Input full amounts from NJK-1 to one of K-1 or both of them both lead to incorrect results and totals either way.
I contacted Turbotax support about this question yesterday. They were not able to help me and it was reported as a bug in K-1 flow design. Looks like there is currently no way to execute the described scenario correctly in Turbotax.
