At the screen Choose Type of Activity, click the hyperlink Learn more. The note will say:
If your K-1 shows more than one type of activity, treat each one separately. Enter all business items on one K-1, all real estate rental items on another K-1, and all other rental items on a third K-1.
So there will be one K-1 entry for box 1 income. Only click on box 1 and the statement "This K-1...".
There will be a second K-1 entry for box 3 income. Only click on box 3 and the statement "This K-1...".
The other boxes of the K-1 may refer to either box 1 income, box 3 income or a combination. The preparer of the K-1 may have included attachments or detail which explain how those items break down.
The preparer of the K-1 may have included qualified business income deduction information in box 20 that refers to box 1, box 3 or both boxes of income.
The second k-1 entry does not include the Part II items J-N.
@PaulW22
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