Hi, @JamesG1
I have a VERY similar situation, the difference being that I have a K-1 with income listed in boxes 1 and 2, which the software tells me I need to treat as separate K-1s. The amount of income listed in box 1 is ~10X the amount of income listed in box 2. I also have entries on the K-1 for boxes 11, 12 (code A), 16 (codes C and D), and 17 (codes V and AC). How do I determine which of the information from the various boxes 11, 12, 16, and 17 associated with (and should be filed along with) which of the box 1/box 2 K-1s (i.e., do I enter the info from boxes 11, 12, 16, and 17 for BOTH K-1s or only one of the K-1s? If only 1, how do I know which of boxes 11, 12, 16, and 17 to enter for the "box 1 income" K-1 and which of boxes 11, 12, 16, and 17 to enter for the "box 2 income" K-1?). It doesn't seem right to list the amounts for boxes 11, 12, 16, and 17 in both K-1s (although that does increase my refund amount) since that feels like I'd be "double dipping" for QBI purposes. Any help you could give me would be greatly appreciated and thank you in advance!
