You do not need to enter this information.
- Line J just shows you what your partnership / LLC allocation percentage is. TT does not need this as you have the exact amounts in other boxes.
- Line L is important to you if "tax basis" box is checked. If this box is not checked then you need to make sure you are tracking your basis. TT does not need this information to prepare your personal return.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
