What does the IRS intend it to mean? In other words, what rule is a partnership supposed to follow in deciding whether to check it or not?
How are partnerships observed to use it in the wild? In other words, do they sometimes get it wrong?
How, if at all, should I allow it to influence my responses in the TurboTax K-1 interview? Does TurboTax refrain from asking the user about it because (see second bullet) it is unhelpful? What does TurboTax mean by "This partnership ended in ...."?
