You'll need to enter to enter your schedule K-1 twice:
- For the box 1 ordinary income/loss, and
- For box 2 real estate activity
For other amounts in Part III of your schedule K-1, refer to an attached statement for your schedule K-1, so that you know which amounts to enter for each activity. This is necessary so that the software can calculate each activities income/loss and is standard practice for reporting a K-1.
After adding one schedule K-1 for box 1, you'll be able to select to Add another K-1 and you'll see your entries listed from a summary screen at the beginning of this section.
