I received a K-1 from a PTP. NOw, Line 20 has known codes and AH
is the final one. However, this PTP added codes AH1 - AH9. The software allows
only AH code. I have no idea where these AH1-AH9 will go and how to enter them
into the software.
The description of these codes are as follows:
AH1 UBTI included on Schedule K-1, lines 1, 2, and 3
AH2 UBTI from debt financed dividend and interest income
included on Schedule K-1, page 1
AH3 Depreciation Adjustment for Non-Conforming States
AH4 Section 1231 Gain (Loss) Adjustment for Non-Conforming
States
AH5 AMT Depreciation Adjustment for Non-Conforming States
AH6 Entity Level State Income Tax Included in Box 1
AH7 Gross Receipts
AH8 Nontaxable Adjustment to Capital Account
AH9 E&P adjustment due to depreciation and asset sales
