Business & farm

I am not a tax professional, but I can tell you what worked for me in the past.

The K-1 has separate sections for reporting at the state level because the states have

various accounting rules.  The NY state section includes various totals. When in doubt,

I enter the values from the NY state section into Ttax, and the IRS accepts the return--every time so far.

 

My situation is not multiple businesses, but multiple rental properties owned by a single LLC.

Example:

find "New York Partner's Schedule K-1"

Box 10 net 1231 gain   $23,000.00

This seems to be the total for all the properties.  And I put it in the 199A income section.

same for W-2 wages.