Form 1065 K-1 has small amounts in both box 1 & 3. Turbo Tax states two K-1's should be recorded when this occurs. This doubles the tax liability on a single reported distribution in line 19 & line 20. This is an amended return for a late arriving tax document. This doesn't seem to be a correct treatment. Is reporting 2 K-1's for a single distribution a correct procedure? "
