For the K-1 that said "Do not use Information in Part III", did it also include a supplemental schedule that is supposed to replace part III? If this was a PTP that owned other PTPs, the K-1 needs to be split into multiple entries, so the K-1 includes a Supplemental Schedule that shows what each subsidiary K-1 is supposed to include.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
