My federal schedule K-1 (Form 1065) has income listed in 2 income categories, part III boxes 1 and 2. Turbo Tax is generating errors and says I must enter 2 K-1s, with only 1 income category in each. This automatically generates 2 state K-1s, but my state K-1 form only includes the combined sum of the income categories. I can delete one state K-1in the forms list, but if I go back to federal, the 2nd state one regenerates.
Is it really true that only one income category can be entered on a K-1? It certainly wouldn't be true if mailing in paper copies the "old fashioned" way. Instead of deleting the 2nd state K-1, would it raise questions if it was just zeroed out? (Left as-is, my taxes go up.)