2018 update: This is a good way to handle this problem, but the drop down codes (which classify the income) for 2018 have changed (thanks IRS/TT for continuing to screw with us). When creating the 2nd K-1 with only box 16 entries, move the code D, F, and G amounts to this second K-1. If your F and G have zeros on the company K-1, don't enter anything. If you enter code F or G, TT will choke on them, even though the dollar amount is zero. I ended up with a second K-1 with just a box 16D entry.
