Hi, I am new to community and finishing up my extended return for 2020. I just got the late K-1 that caused me to extend, and it has an amount in Box 20, AG. Haven't seen this before. It is huge ($193,000), yet my income (Boxes 1-3) for this K-1 shows a loss. I just saw some Q & A from March on this subject about TT not entering the amount in the proper place and even one answer saying I should not enter it at all as it is intended for corporate partners. Any new advice on this? Thanks.
