How do I handle entering a 754 Adjustment for a Rental Partnership in which my share increased after the death of a principal partner? The options I can think of are to add it as a new K-1 using the same EIN and adding "754 Adjustment" to the title, which is not actually correct, or entering it as an Amended K-1, which is also not correct, or combining the entries from the two K-1s, which also does not seem right. What is the best way to handle this? I have TurboTax Home & Business. In addition, if I add both as separate K-1s, how does that affect next year, when I will only get one K-1 for the Rental Partnership? Thank you.
