No, line 16 indicates the sale has to be reported on Schedule D, Capital Gains and Losses. I have added information to my answer, Instructions for Schedule D. The only way to get the depreciation amounts is to look back at your old income tax returns or if you have the beginning depreciable basis, you could re-create it in TurboTax. You can also ask the accountant that issued the K-1 if they have any record of your depreciation amounts taken.
