no if you have taxable income then line 24 of form 172 is going to be more than zero and thus you don't have an NOL.
form 172 is to compute the NOL, if any, for that tax year for form 1040. it is not for computing an NOL for separate activities.
however, if the k-1 has a loss, then there might be a limitation on the deductible loss under IRC 461 (info line AJ in box 20 of k-1). this might require completion of FORM 461 which Turbotax doesn't do.
see the instructions to see if its needed
https://www.irs.gov/pub/irs-pdf/f461.pdf form
https://www.irs.gov/pub/irs-pdf/i461.pdf instructions
