JamesG1
Expert Alumni

Business & farm

You enter two K-1 entries, one for box 1, the second for box 2.  See TurboTax Help.

Ideally, you have section 199-A information for both box 1 information and box 2 information such as below.

 

              K-1 Box 1        K-1 Box 2

Box 1         1,000                500

 

20Z

Income       1,000                500

Wages      25,000           15,000

UBIA         50,000           30,000

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