If you use the direct entry because for some MLPs you can get a oil production credit from line 13. You also can keep track of your capital account and double check the K-1 to make sure there are no mistakes. The import only puts in the entries that are REQUIRED. Those that are practicing accountants on IV also agree. It only takes a second more.
I received almost $250 in credits from BWP during their construction phase from credits resulting from entering data on Line 13. You certainly do not have to enter the data, but then you will not get the credit.
I use direct entry for what I consider the simple K-1s. I had a K-1 that involved reporting for 2 countries in Code 16. I got myself confused in trying to report the 2 countries. When I went to Step by Step for that K-1, it just seemed to clarify it for me. The Step by Step also helped me in reporting the info for Code 20, which was rather lengthy and had several sub-sections. I am no accountant and consider myself a novice in reporting the K-1.