I understand that I need to file two separate K-1s for business and rental income. However the preparer of the K-1 includes amounts in line 19 and 20. He or she did not allocate line 19 and 20 amounts based on business or rental income except for the code Z information. Do I enter the same amount on both K-1s for these figures or enter the amounts on one K-1 and leave it off the other?
Enter the numbers for lines 19 and 20 on one K-1 and leave it off the other one.
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