itonewbie
Level 15

Unless the partner is a DRE, nothing should be populated on Line 5.  Here's an excerpt from filing instructions (emphasis added):

Line 4a and b. If the partner is a disregarded entity (DE), enter the partner’s name and FEIN, and indicate what kind of partner the entity is (see instructions for federal Schedule K-1 at apps.irs.gov/app/picklist/list/formsPublications.html).

Line 5. List the type of entity of the partner for whom you are issuing the Schedule IN K-1.

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Still an AllStar

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