Your first entry for the partnership will include Part I, II and III information. When you get to Box16 information drop-down screen only put in Box16 A (Various), B(Gross income all sources) and D(Passive Category). Box16C & 16G are at PARTNER level. If you are NOT a partner, don't enter these. For now, leave out E but continue with 16I(Passive Category). Finish out this first K-1 with information in Boxes 18, etc..
For Box16E, go back to the 1065 entry screen and ask to fill out another K-1. Enter Part I info. to include the partnership name and address. DO NOT ENTER PART II INFO. Continue to where you check the boxes and ONLY check Box16. Continue to Box16 drop-down screen and ONLY enter category E(Foreign Gross Income, General Category) with your information. From there, press the "continue" key until you get all the way out of this K-1. You're done!
NOTE: When I put the name of the partnership in for the second go-round I use the partnership name and add the Box info. (Example: REGENCY PARTNERS LP (Box 16E). When I look back at the K-1's entered, I know I have all of them. I hope this helps you.
