I have gone over the amend process in Turbo Tax and it comes back with no change in my taxes or reported income - since the K-1 is all 0s. But of course it does add the K-1 related sheets to the package. Do I need to file an amendment even it it does not change anything about my tax situation?
If your K-1 has all zeros, then there is no need to amend your tax return. No tax impact. Just keep the K-1 with your other tax documents in case there is ever a question.