Isn't that bizarre?! If this is the fix, why can't Turbo Tax insert a sentence in the interview: If you do not have any foreign income in K-1, please uncheck Box 16"?
If the answer you got were from Turbo Tax, then they had put the burden on you. If IRS would have an issue to reconcile your K-3's with what you entered into Turbo Tax, you could not blame Turbo Tax - you have no official record of the conversation with Turbo Tax.
What I do not understand is why Turbo Tax has truncated an official IRS K-3 form? 2021 Schedule K-3 (Form 1065) (irs.gov).
I am still undecided - will wait for a few more days to see if TurboTax finally wakes up to do the right thing to fix the K-3 issue before the tax filing deadline.
