sbilyeu
New Member

Business & farm

To be clear, in your second instruction below, when you say "create another K1 with the information about the partnership", do you mean create a second K1 for the original partnership that is reporting multiple businesses on their 199A schedule?  

 

2. To record the second business, create another K1 with the information about the partnership but leave the boxes blank except for Box 20 Code Z information. Here you will record the information about the business, EIN, and so on and so forth.