Yes, if you have a Form 1065 Schedule K-1 with box 16 codes F and G, you'll need to enter a separate K-1 and report code F on one K-1 and code G on the other. The partnership information (name, address, EIN, etc.) is the same for both K-1 forms you are entering.
For the boxes other than box 16 on each of the separate K-1, report only the amounts associated with the box 16 code being reported on that K-1 (i.e., passive income boxes on one K-1 and general income boxes on the other). The boxes reported on the separate K-1s should total to the same box amount on the single K-1 you actually received.
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