There is no good solution here. There are a variety of bad solutions.

1) Set up a separate K-1 for all of the royalty pieces, and fiddle with the basis so it comes out right.

2) Figure that Ep1 and Ep2 get the same tax treatment, and lump them all on one or the other.

3) Run all the royalty activity through as if it were held directly, and fiddle the basis so it comes out right.

4) Adjust the other royalty deducts to include depletion.

If your depletion isn't limited, and you've got no basis / passive / QBI / NIIT issues, and the amounts are immaterial, all of those are equally good / bad choices. If you have any of those issues, you'll want to do a side calculation to figure out what the right answer is, and then fiddle your Lacerte input to get that answer.