Question
K1 Box 20 code AJ when 199A has multiple EIN
Issued a K1, form 1065. Box 20 AJ says STMT. Description says “Aggregate business activity gross income or gain” and then under amount has a positive number, 72. As section 199A has multiple EINs and there is information in both boxes 1 (ordinary business income) and 2 (net rental real estate income), I am creating multiple K1s in turbotax. There is no description of Aggregate business activity gross income or gain in section 199A, Box 20, Code Z, the current year net income (loss) and other increases (decreases) section or schedule of activities section. Do I enter 72 in each of the K1s? If not, how do I figure out the correct amount to put in the different K1s?
