Business & farm

You can enter Box 20 Code AG in TurboTax Business using Forms Mode as follows:

1. Open your return and click the Forms icon in the TurboTax header. 
2. In the list of Forms in My Return on the left, find Form 1065 p5-6. 
3. Click the form name to open it in the large window. 
4. Scroll down to Other Information, Line 20 E.
5. Use the drop-down in the small box to select code AG for each year and enter the amount in the adjacent box.
6. You will see a detail line added below this section with the full description.
7. To check this entry, open any Schedule K-1 [Partner Name].
8. Scroll down to Line 20. You should see AG* and STMT. The information for this code appears under Line 23 and will be on a separate page with the K-1. The amount is allocated by ownership percentage.
9. Click Step-by-Step in the header to return to the main screens.

@Sheldon G