Form 1065, Box 20, Code AJ

LLarsen1 — Sat, 23 Aug 2025 19:36:47 GMT

I received a K-1 for my LLC.

The K-1 I received, has a STMT for Box 20, Code AJ.

The statement has two values, "Aggregate Business activity gross income or gain" and "aggregate business activity deduction".

I have to enter something in my 1065 form for Box 20 - I can select code AJ, but what value do I enter?

Thanks,

Lisa

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