@CGAZ There should NOT be a Schedule C.
You would enter the estimated income as a K-1 to estimate how much tax that you owe. When you actually receive the K-1, then you will change the numbers that you entered to reflect what is on the K-1.
Be aware that what you actually RECEIVED may not necessarily be anything what the K-1 shows as taxable. What you receive (distributions) and what is taxable(income) can be very different.
