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Follow these instructions to enter the $$$$ shown as Code AJ through ZZ on box 17 of the #### S Corporation Schedule K-1
1. Read the instructions included with your K-1
2. In the Search field in the toolbar at the top of the screen, enter the specific topic included in your K-1 instructions.
3. Select the topic that best matches your K-1 instructions. We'll guide you through the rest.
In my case, the instructions on K-1 from our accounting firm are: " See IRS Schedule K-1 instructions" which is not helpful.
This is for Aggregate Business Activity Deduction.
Anyone know what to do at this point?
This is for Excess Business Loss Limitation.
Thank you,
-Victor
March 23, 2024
4:47 AM