Hi Julie,
Thank you so much for your detailed and thoughtful reply. I now see that by entering information directly into the Section A form, TurboTax generates the appropriate schedules on the individual K-1s for the partners. (Entering code Z in the K-1 forms received from other entities is not really necessary. And since that entry is now missing from the dropdown menu, it has become impossible anyway.)
I don't see a way for TurboTax to generate schedule AG. The K-1 I received from other entites shows the following:
Schedule K-1, Line 20 - Other Information
AG Gross Receipts for 2022 $18,345
AG Gross Receipts for 2021 $17,984
AG Gross Receipts for 2020 $17,892
It would be nice if I could include this information on each partner's K-1, however I don't see an automated way to do so. I see that for each partner there is a "Supplemental Information Smart Worksheet." Should I do the math, allocating each partner's share of the AG Gross Receipts, and enter the result in each partner's supplemental worksheet? Or should I just ignore it since, from what I gather, AG only applies if the entity grosses $25 million or more per year, which mine certainly does not.
Again, thanks for taking the time to answer my question(s).
