PatriciaV
Employee Tax Expert

Business & farm

If you have two columns on Statement A, you may have both ordinary and rental income from Schedule K-1. If so, you need to create a separate K-1 entry for each (TurboTax won't accept both ordinary and rental income on one K-1). 

 

Look at the title of the row for the amounts in each column. The first row is ordinary, the second is rental.

 

Once you have set up two K-1s, enter the amount from Statement A that corresponds to the appropriate K-1.

 

See also: Where do I enter a Schedule K-1 that I received?

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