I have a schedule K-1 that has a box 20 Code AN referring to a statement. On the statement is:
AN Gross farming Income . . . . . . . $x
AN Total Farming Deductions . . . . $y
TurboTax desktop allows only one amount when selecting Code AN.
Should I right click on the AN amount field and select add supporting details and then add the two values to the supporting details, with the Income $x being positive and the deductions $y being entered as negative. This would result in one value for AN = income - deductions.
Is that an acceptable approach?
