My K-1 has both SSTB and non-SSTB activity on Line 20. So there are 2 values to input for things like Income, Wages, UBIA for my 199A. But there is only 1 box for each on TT. What should I do?

Forum|Forum|5 years ago
March 31, 2021
4 replies
34 views

I assume I can't just combine the values since they are categorized differently.

TurboTax Self Employed Online

ThomasM125

Level 15

You need to enter two separate K-1 schedules. You will duplicate the federal ID number, name and address, but don't duplicate any of the dollar entries.

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ezreubAuthor

Level 2

Thank you for you this! So even though I only received one K-1, I add a second one here. And the only part of the second one I include is the non-SSTB information that I don't include in the first one, is that right? Otherwise, leave everything blank or enter zero?

DianeW777

Level 15

Yes, that is correct. Many times a single K-1 needs to be entered twice to arrive at the correct results in the tax return. This allows for more clarity for the return results.

On the second one enter only the SSTB information not entered on the first K-1.

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