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Business & farm
When entering the K-1 information, you do need to set up two separate K-1's for the input.
However, you don't enter the information twice.
On one K-1 input, you would enter all the information on the K-1 EXCEPT box 2.
On the second K-1 input, you would enter ONLY the box 2 information.
*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.
Also keep in mind the date of replies, as tax law changes.
‎June 7, 2019
4:23 PM