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Get your taxes done using TurboTax
Yes, you can omit Box 20 Code AJ. This information is relevant only if your net losses from all businesses are more than $313,000 ($626,000 if filing a joint return). If this doesn't apply to you, you can leave Box 20 Code AJ blank (or do not include this code).
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March 23, 2026
8:54 AM
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