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Investors & landlords
I tried H&R also for my return and it doesn't require entering the same K-1 twice if you have both business and rental income. However TT recognized more K-1 codes.
The other issue (which I posted on a different thread) is that sometimes you get a K-1 issued from a state (in my case because a partnership is based in a state that does this). Neither TT or H&R are really clear what you do with these "state-specific" K-1's. They should *at least* tell you not to try to enter a state K-1 on the federal return. I know that may be obvious to pros but perhaps not people like me :-).
Then when you do a non-resident state return the guidance you get for a state-specific K-1 can vary.
‎January 28, 2020
6:02 PM