aedwan
Level 4

S Corp K-1 Line 17 has Codes AC and AJ checked with attachment as follows:

AC: Gross receipts for section 448(c): $ 
AJ: Aggregate Business Activity Gross Income: $
AJ: Aggregate Business Activity Total Deductions: $

How to enter information on Schedule K-1 of the 1040 (AJ: Excess business loss limitation)?

0 Cheers