2 K-1's as a result of transfer to trust

[TaxStudent200]

I transferred my interest in a partnership from myself to my revocable trust (same TINs) and received two Schedule K-1's as a result, which I expected.  The initial K-1 to my name was marked as "Final K-1".  How should I report the K-1's?  Can I combine and enter as one?  I don't think the transfer should count as a sale but the "Final K-1" checkbox makes me question myself.  Any advice would be appreciated.  Thanks in advance.

[M-MTax]

If the K-1s have the same SSN (your SSN), there should be no difference in your tax reporting.

[TaxStudent200]

So combining and entering as one would be okay?

[M-MTax]

Yes it would be okay if they split the year with the K-1s, which they apparently did.

[user17744066653]

To m-mtax - respectfully, your response oversimplifies the situation. First of all, how would you import the 2 k-1’s using the import txf function? And if entered manually (a real pain with busy k-1’s), do you simply combine the amounts on each line? What about basis, suspended loses, etc?

[M-MTax]

I am assuming that the K-1s dovetail and am not aware of a global TXF import capability. 

Entering even a more complex K-1 does not generally take an inordinate amount of time; it's not a 1099-B with hundreds of transactions to enter.