How is the ownership split between you and your wife? If it's 50/50, each of your K-1's should reflect 50% of the income of the LLC, in which case you should enter both into TurboTax. They may look identical, but they each represent 50% of the income. If only one of you owns 100% of the LLC, then only that person should receive a K-1 for 100% of the LLC income.
