No. Mostly the K-3 is issued because your entity has foreign partners that need to report this information on their tax returns in their respective countries. Because of the international tax relevance nature of the K-1, all partners/shareholder (if S-Corp) must receive a K-3 regardless if they are a foreign partner or not. In fact the numbers that are reported on your k-3 should be reflected elsewhere on your k-1.
You may ignore these because these have no impact on your tax return.
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