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posted Jun 28, 2025 9:18:33 AM

Our K-1 reports amounts in boxes 1 and 2. How do I determine which values I should enter in the two separate K-1 entries?

TurboTax indicates I should enter two separate K-1 entries to split the business vs. rental income. I did that initially and included all values on both, but reviewing my draft return, on Form 8995, it seems to be showing the same qualified business income(loss) on both lines. This leads me to believe that perhaps I shouldn't enter duplicate info in both entries??

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