Business & farm

Yeah I would say that this issue is still a mess.  I'm understanding that since I have "ordinary business income" and "net rental real estate income (loss)" on ONE K1, that I am supposed create TWO K1's, and somehow, mysteriously, divide the information between the two, so as to not duplicate.  And why can't I upload the PDF of my K1, and then Turbotax enters all the figures in the right places?  Just like a W2/whatever?

I simply have no idea how to avoid duplication of the K1's figures - and I've searched all the help files - there seems to be NO help on this issue.

Another issue is that once two K1's are created, Turbotax does not differentiate between the two.  Our's are named IDENTICALLY (the name of the LLC), so I have no way to know which one to edit, without clicking on the name first, and then NEXT NEXT NEXT til I finally find get to the page that might need different information.

And also - why do I have to keep RE-CHECKING the box that says, for example, "both of us"??  Why doesn't Turbotax remember that I ALREADY checked that box?  (As well as several others.)

 

Very frustrating.