If what you are saying is you are doing your Partnership 1065 return, and answering question 24 then the answer is: If you don't have any K-1s that your partnership received that had Line 13 Code K, or Line 20 AE or AF, and don't fit any of the other 163(j) criteria, answer YES. The question is written as a negative, and if you answer NO, your return will try to generate Form 8990.
If you are doing your personal 1040 return, and are reading the questions to see if you need to file a Form 8990, or if you are subject to the limits of Section 163(j), then the questions is did you RECEIVE a K-1 from a Partnership that you are a member of, that has an entry in Line 13 Code K, Excess Business Interest Expense? If you had a K-1, but it doesn't have that Code, you don't need a Form 8990, unless one of the other Section 163(j) limitations apply to your personal 1040 situation. You CAN File an 8990 If you had Line 20 AE Excess Taxable Income, or Line 20 Code AF Excess Business Interest Income that is used to determine if YOUR return is subject to further limitations of Section 163(j). If you're a regular taxpayer making less than $25 million from all your sources, your likely not subject to the limitations, but check all the conditions to be sure.
