That is correct.
What type of return are you preparing? The unfortunate answer is "this is not a form where you can punch in numbers and ProConnect will automatically generate a correct tax return." A K-3 has an enormous amount of information, some of which will be relevant to your return and much of which will be irrelevant to your return. Susan's question about whether you're really sure the information is relevant to your taxpayer's situation is an important one.
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