Business & farm

I would guess your K-1 is from some type of hedge fund?  These are complicated K-1's.  I am not aware of any software that can handle these as one K-1.  Usually it is necessary to set up various K-1 input forms or just enter the amount directly on the appropriate line as I recommended above.

You should not be doubling up if you only enter it directly on Schedule B and do not enter this detail during the K-1 interview process.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.