At this point, TurboTax does not support the entry of additional information for Schedule K-1 Box 17 Code AJ. This information will be used only if your net losses from all businesses are more than $289,000 ($578,000 if filing a joint return). If this doesn't apply to you, leave Box 17 Code AJ blank (or do not include this code).
If the excess business loss does apply to you, you will need this information to figure any excess business loss limitation that may apply. See IRS Instructions for Form 461 - Limitations on Business Losses. TurboTax does not include Form 461, which must be attached to your tax return (print and mail).
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