I believe it is a Turbo Tax issue caused by the late publication by the IRS of K2 and K3 instructions. At this moment Turbo Tax is incapable of handling the K3 information and simply says it will be available in a future issue. If a filer has a 1065 with box 16 checked, as I do, Turbo Tax flags an error and prevents filing of both Federal and State Taxes.
