I also have entries in boxes 1 & 2 of my K-1. From what I can tell going through this thread of comments, nobody has explicitly stated the details of which entries should be reported with the box 1 (ordinary business income) K-1 and which entries should be reported with the box 2 (net rental real estate) k-1 . For the first K-1, I entered the amount from box 1 (ordinary business income), and then I went through the rest of the K-1 and entered all of the information from the other boxes that I could. For the second K-1, I entered the amount from box 2 (net rental real estate income), and then I did not add any additional info into the rest of the second k-1, because it has all already been entered into the other K-1, linked to box 1 (ordinary business income). Is this correct?
