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w_viggomadsen
April 3, 2025
Question

My K-1 shows activity for Box1 and box 2.Tax Help says I should do a K-1 for ecah box. How do I generate a second K-1 for Box 2?

  • April 3, 2025
  • 1 reply
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    1 reply

    T
    ThomasM125
    April 3, 2025

    After you enter the K-1 reporting the box 1 income, choose the option to enter another K-1. On the second K-1 only enter the income reported in box 2, not any other amounts that you reported on the first K-1 entry. In other words, do not duplicate any numerical entries. Also, if other numerical entries on the schedule are applicable to the box 2 income, only enter those on the second K-1 entry.

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