K-1 entries in boxes 1, 2, & 3

My question has two parts:

 

Part 1: From the research I've done, it seems like if I get a K-1 with boxes 1, 2, & 3 with entries in them I have to file 3 separate K-1's, right? And it would look something like this:

 

First K-1:

  ALL info from the K-1 including Part II J, K, & L

  Nothing in boxes 2 and 3

 

Second K-1:

  Nothing but box 2 (not even Part II J, K, & L)

 

Third K-1:

  Nothing but box 3 (not even Part II J, K, & L)

 

Does that look correct?

 

 

 

Now for part 2:

I got a K-1 from Energy Transfer L.P. (ET) and they are evidently 3 different passive entities according to what the Supplemental K-1 Information Sheet shows. So it seems to me I'll have to fill out 9 K-1s based on the above info and what they sent me in my K-1. Please see the attached picture as an example, to understand what I am talking about.

If that assumption is correct then I'm guessing that only the very first of the 9 K-1s would have the info from Part II J, K, & L and then none of the other 8 would have anything but the appropriate "0" in box 1, 2, or 3, right?

ET.jpg

Thanks for the help, I appreciate it!