K-1 (form 1065) has Business Income (box 1) rental...
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renee35
New Member

K-1 (form 1065) has Business Income (box 1) rental real estate income (box 2). TT instructs enter as separate K-1s, but do I repeat all other $ amts on the second K-1?

 
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Anonymous
Not applicable

K-1 (form 1065) has Business Income (box 1) rental real estate income (box 2). TT instructs enter as separate K-1s, but do I repeat all other $ amts on the second K-1?

The amounts on other lines only go on 1 k-1 (or may need to be split).  the issue is which one.  Some don't matter. others might.  we can not see your k-1.   see if there's a supplemental schedule that gives you guidance.    

Anonymous
Not applicable

K-1 (form 1065) has Business Income (box 1) rental real estate income (box 2). TT instructs enter as separate K-1s, but do I repeat all other $ amts on the second K-1?

 
Critter
Level 15

K-1 (form 1065) has Business Income (box 1) rental real estate income (box 2). TT instructs enter as separate K-1s, but do I repeat all other $ amts on the second K-1?

 
Critter
Level 15

K-1 (form 1065) has Business Income (box 1) rental real estate income (box 2). TT instructs enter as separate K-1s, but do I repeat all other $ amts on the second K-1?

On the first K-1 form enter everything except box 2 ... and on the other one ONLY enter box 2.  

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