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Where Do I Enter Schedule K-1 1065 Boxes 1, 2, or 3?

While working on a Schedule K-1, Partnership 1065, there has been some confusion in the interview because Boxes 1, 2, or 3 are not displayed in the interview.

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Depending on the type of activity your partnership/LLC was involved in, selecting one of the activity options as shown below, will display boxes 1 through 3 of Schedule K-1 (Partnership). If you select Other, the following screen will not show boxes 1 through 3 as shown in the example above.

An amount on:

  • Box 1 indicates business activity.
  • Box 2 indicates real estate rental activity.
  • Box 3 indicates other rental activity.

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