swim-dr
New Member

Business & farm

So, on the original K-1, I enter the info from Parts 1 and  2.  When I get to Part 3 (choose type of activity) I click only on business - box 1.  I report the ordinary income.  Then I get to the page where I check boxes that have an amount.  Here, I do check box 16?  But then when I get to the page to enter box 16 info. I enter only A, B, C, D, and G, leaving out 16E?  Then on the second K1, when I check the boxes that have an amount, I only check box 16?  Then, I fill in 16A again and 16E?

For the second and third K1 I skip over all pages other than for the variables you have already outlined?