I received two K-1s from the sponsor of a private equity real estate LLC. The 2nd K-1 documents a capital call. Blocks 1-20 are empty in this second K-1. The only thing that is different in this K-1 (compared to the first) is in section L where the additional capital I contributed and a small capital passive loss are documented
don't waste your time. Turbotax does not use that section for any computations. so, 1 k-1 and you can omit all section L entries. Turbotax does not track tax or at-risk basis. That's your job or sometimes you'll get a supplement from the tax return prepare reporting these items.
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