Yes, you will have to file the K-1's with your tax return. Follow these steps in TurboTax Deluxe to enter your K-1 information.
In TurboTax Deluxe select Wages & Income then click on I'll choose what I will work on.
Scroll down to Business Items click start on the line Schedules K-1, Q.
Follow the screen prompts until you get to the page Tell Us About Your Schedules K-1 follow the program prompts to enter your K-1 information. You will enter each K-1 individually.