How to Split a K-1 with Box 1 and 2 Populated in TurboTax?

[Rockpowwer]

Hello, I’m working on my tax return in TurboTax and need help splitting a K-1 that has both Box 1 (Ordinary business income) and Box 2 (Net rental real estate income) populated. TurboTax suggests splitting the K-1, but I’m unsure of the specific steps to properly allocate the amounts across multiple sections of my tax return, since both amounts are listed in the same place.

There are some supporting statements attached as well. 

Is there a guide that I could be using for this or what would you suggest where to get started?

[AnnetteB6]

If your K-1 has more than one item filled in for boxes 1, 2, and/or 3, then you will actually enter two K-1s, one to report the income reported in box 1 and a second K-1 to handle the income reported in box 2 (and a third for box 3, if applicable).  The second K-1 will have the same basic information as the first one (name, Federal ID number, etc.), but it will report the income for box 2.  

As for the other items reported on the K-1, include everything but the income in box 2 on the first K-1.  It should not matter which K-1 reports the other items, as long as all of the information is only entered one time.  

[Rockpowwer]

I see. My K-1 only has box 1 and 2 populated, nothing in 3.
So i can literally make one K-1 with everything as is, except box 1. Then another K-1 with only box 2 populated and all the others empty? Except basic info non-dollar amounts of course. I don't need to prorate some of the other boxes on the second rental K-1 if they are tied to rental real estate?

[Rick19744]

No.  The first K-1 input should include everything except box 2.

The second K-1 input should only have box 2 amount input.

[Rockpowwer]

is this true when the K1 has STATEMENT A—QBI PASS-THROUGH ENTITY REPORTING?

this section has a table of each activity and its type and for columns line 1, line 2, line 10, 13, W2 wages, etc

some types have real estate listed so does this mean I could prorate some other boxes across the 2 entered K1s? 

or you would still suggest to put everything on the first K1 except box 2? and second one only box 2 without any prorates in other boxes based on Statement A?

[Rockpowwer]

as far as Schedule K-3, it seems that turboTax ask for totally separate K3s if there is more than one type of freign gross income. Does that mean if there are more than one countries listed? how to check my K3 to see if this condition apply and if i need separate K1s?