What if you have a passive loss in box 1 & 2? Since that's the case TT has you make two K-1s - one with everything but box 2 - and everything except box 2. In that case, would I enter the carryover loss from Real Estate activity in first K-1 (everything but box 2) or the second K-1 (just box 2). In short, are all my carryover losses to be entered on the same K1 (the K1 with everything but box 2) or should the Real Estate carryover loss be entered in the K1 where I entered in the current year's box 2 income/loss? Thank you!
