How to report a K1 from Scorp with two entries in Proconnect

[elucca01]

Good Morning,

I'm completing an 1040 and the client has a K1 from a SCorp with two entries 1) Ordinary Business Income and 2) Real Estate Losses. Both Activities are considered active (non-passive activities).

While completing the 1040, schedule E, Part II in Proconnect the only way to separate both activities is by creating a tab for each in the section Income > Details: S-Corp Info (1120S K-1). This is a similar approach to Turbotax, which direct you to separate the two line of services (IRS request), the first one for the ordinary business income and the second for the Real Estate Loss which will appear in Schedule E, Part II, Line 28.

By doing this approach Im facing a new problem, it creates two form 7203 for the same company. Is there a way to override or aggregate these 7203 into one? Or there is a correct way to report the two activities in just one tab but appears in Schedule E disaggregated by type of service? 

Any help is appreciated. 

[George4Tacks]

Consider checking the box for Real Estate Professional.