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- K-1 Codes Populating for 1120S and unsure of significance / how to clear
K-1 Codes Populating for 1120S and unsure of significance / how to clear
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tccpg289
Level 4
6 hours ago
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ProConnect is generating codes in 1120-S K-1 Box 17 Code AC and AJ.
It appears to be related to 448c for business income limitations, which I am far below.
Can these codes cause issues with the individual return? Not sure how to suppress them and they only appear to be informational.
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1 Comment 1
sjrcpa
Level 15
5 hours ago
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They are informational.
Let it be.
The more I know the more I don’t know.
