Yes, you would need to re-enter all information for the partnership/s-corp that provided Schedule K-1. This includes your ownership, basis, and any carryovers.
As you probably know, Code AJ is for Excess Business Losses, which would 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 your tax situation, you may completely omit the Code AJ entries.
@Gilgamesch
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