Yes. The note you reference means that you don't need to send the physical copy of the K-1 to the IRS (the partnership actually does that already). But you have to enter all the values on the K-1 into TT so that it can report them in the proper places.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
