Turbotax asking to fill K-1 box 1 and box2 on two separate K-1's with same partnership name, but on schedule E and on Form 8582 partnership and EIN showing up twice. Is it expected. Will there be an issue from IRS later.
Thanks
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yes it will appear twice. no the IRS will not have issues since different activities (line 1 and 2 are different activities) and there's a need to track activities separately.
yes it will appear twice. no the IRS will not have issues since different activities (line 1 and 2 are different activities) and there's a need to track activities separately.
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