1. It depends. You have the choice to file now and amend later or request an extension of time to file.
To file now, uncheck Box 16 and e-file. When you receive Schedule K-3 later, you can file an amended return if the information you receive changes your tax liability for the year.
If you choose to request an extension, you have until October to complete and file your return. Note that your best estimate of taxes due on your return must be paid by the original filing deadline (April 18, 2023, for tax year 2022 returns).
2. You will need more information about the amount for Box 13W before you can choose how/where to report this deduction. Instructions for Schedule K-1 (Form 1065) contains a long list of possible entries for this amount. If the K-1 doesn't include more info, you'll need to contact the partnership for better instructions.
3. If none of the statements apply to your ownership of the partnership, you may leave those boxes blank. The ending capital balance on the K-1 doesn't influence your answers on this page.
[edited 4/9/2023 | 8:29 am PDT to complete answer]
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