No, you first enter Schedule K-1 on your federal tax return (under Federal Taxes >> Business Items >> Schedule K-1, etc.).
Then when you work through the Virginia state section (under States), you make adjustments and/or entries that are different on Schedule VK-1. The information on Sch VK-1 is specific to your Virginia State tax return, so it's used only in that section of TurboTax. This includes the Virginia PTET tax that was paid by the partnership on your behalf.
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