No, you need to enter the K-1 boxes as reported. Boxes 1, 2, and 3 report different kinds of income that are subject to different loss limitations and carryforward rules. TurboTax requires a separate K-1 be entered for each type of income to track those amounts in the event there are ever any loss effects.
You should enter 1 K-1 form with all the boxes reported except box 2. Then enter a separate K-1 into TurboTax with only box 2 populated.
If you need guidance on how to enter your K-1 into TurboTax please see Where do I enter a K-1 that I received?
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