Hi,
I have the same situation.
If I understand correctly, you will not enter at all the Schedule K-1 when you file return on/by April 15th.
When the Schedule K-3 arrives in June you will file an amended return and add the K-1 and the K-3.
Is that correct?
If you do include the Schedule K-1 and do not check box 16, you will avoid the errors from the TurboTax check, but the IRS may see Box 16 is unchecked in your return and may throw red flag since they a copy of your Schedule K-1. Is that correct?
