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- K1 Box 20 with a Code AJ
K1 Box 20 with a Code AJ
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dr58lj15
Level 3
yesterday
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I have a K1, item 20, code AJ, Excess Business Loss Limitations. It indicates this code is not provided in the program and to enter on the appropriate form. It is Aggregate business activity gross income and Aggregate business activity total deductions. What form do I enter these on?
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Norman2001
Level 7
10 hours ago
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I think it goes in Form 461 (not supported by PS). But, the entry may not apply in your case.
