topic I have a real estate investment K1 with Box 1 and Box 2 checked. I believe I need to enter TWO separate K1s. Box 2 #s are larger than the Box 1. How do I fill the forms? in Get your taxes done using TurboTax

I have a real estate investment K1 with Box 1 and Box 2 checked. I believe I need to enter TWO separate K1s. Box 2 #s are larger than the Box 1. How do I fill the forms?

dipesh-patel — Tue, 24 Feb 2026 07:28:43 GMT

Need help figuring out how to split the data in the forms between the two separate K1s I will be creating. How do I know what to report on each form?

Re: I have a real estate investment K1 with Box 1 and Box 2 checked. I believe I need to enter TWO separate K1s. Box 2 #s are larger than the Box 1.How do I fill the forms?

Anonymous_ — Mon, 04 Sep 2023 18:29:05 GMT

What is the nature of the business (and your investment)?

Line 1 is ordinary income(loss) and could be entered by itself while box 2 would entail the population of other lines on your K-1 (entered with Box 2) or vice versa; it depends.

Re: I have a real estate investment K1 with Box 1 and Box 2 checked. I believe I need to enter TWO separate K1s. Box 2 #s are larger than the Box 1.How do I fill the forms?

dipesh-patel — Thu, 07 Sep 2023 13:51:22 GMT

It is a real estate investment.

Re: I have a real estate investment K1 with Box 1 and Box 2 checked. I believe I need to enter TWO separate K1s. Box 2 #s are larger than the Box 1.How do I fill the forms?

Anonymous_ — Thu, 07 Sep 2023 13:57:28 GMT

Everything related to the investment in real estate should be entered on the same K-1 in TurboTax as Box 2.

Box 1 can most likely be entered by itself on the second K-1.