Do I need to report income from Schedule K1-1065 Form?

[manbeing]

I report the income from Schedule K1 (Form 1065) using turbotax every year, but I just read the instruction from IRS that "The partnership uses Schedule K-1 to report your share of the
partnership's income, deductions, credits, etc. Keep it for your
records. Don’t file it with your tax return unless you are specifically
required to do so."  I have been confused about it.

https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf

[leeloo · Accepted solution]

Yes, you include the income, you just don't include the form itself. You keep the actual form.