I didn't to create any K-3s until last week. In those cases it was one K-3 received. This client has three. For the k-2 that I create, I thought it would be entering each K-3 received onto 3 different K-2s separately (that then flows to a K-3 for each shareholder). Is this something where I just create one K-2 and manually add up the data for each of the three K-3s received? Sorry if this is a basic question, but as I said I didn't have to create any until last week. I did have 1040 clients receiving them, but that was different as it was a personal return. Thanks
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"manually add up the data for each of the three K-3s received",
Yes, plus the relevant info from the S Corps operations apart from its outside K-1 investments.
"manually add up the data for each of the three K-3s received",
Yes, plus the relevant info from the S Corps operations apart from its outside K-1 investments.
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