You should enter all the information from all the boxes except box 2 on the first K-1. Then enter another K-1 with the same S-Corp information (name, address, identifying number, and percentage of ownership) and mark that it has box 2 info only.
You are correct in stating if you enter all the info in both, you are double dipping, and filing an incorrect return.
@whinnfjord
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
