Maybe you picked the wrong kind of K-1 you got. There are 3 kinds. Go back and delete this one and try again.
To enter a K-1 go to
Federal Taxes Tab or Personal (Home & Business version)
Wages and Income
Then scroll way down to Business items
Schedules K-1, Q - Click the Start or Update button
Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S
TurboTax follows federal K-1 line numbers
1065 - line 6
1041 - line 2
1120-S - line 5
so not sure what you're looking at maybe a state k-1.
we have no access to your tax documents.