The situation you describe is not covered by the TurboTax software. The program can only handle one type of income that is subject to shareholder-specific determinations per Schedule K-1. The program can only handle one of these types of income at a time when they appear on the same K-1: ordinary business income, rental income, royalty income, and other income.
You may wish to obtain the services of a local tax professional using software specifically designed for complicated business returns.
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