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That is correct. The pages marked "Keep for your records" are forms, worksheets, or schedules that are not filed with the IRS or your state taxing authority. They are typically (1) supporting details for items that are reported elsewhere in your tax return or (2) items that are intended to provide information that you will find useful in preparing future tax returns.
Used TT for C Corp Federal 1120 return. I wish TurboTax had a feature that printed EXACTLY what was sent to IRS. Including how it appears to IRS. TT used to years and years ago. When I save/Print the "as filed" copy - it does include the "Keep for your records" pages - interspersed through the return. It makes me wonder if everything AFTER these pages wasn't sent. e.g. "Net Operating Loss Worksheet".
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