3614976
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I input AJ with the same dollar amount on Scheduled K-1 Box 20?

I have scheduled K-1 in Box 20 showing code AJ with STMT, refers to page 2, which listed AJ for Box 20 with 2 seperate line with the same amount: Aggregate gross income or gain: 13,530 Aggregate deduction: 13,530 When I input dollar amount for Box 20, shall I input 2 seperate line with same code AJ and same dollar amount exactly as listed on page 2? But without explaining line 1 is for gross gain, line 2 is for deduction?

 

Screenshot 2025-03-31 at 2.46.18 PM.pngScreenshot 2025-03-31 at 2.52.54 PM.png

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DaveF1006
Expert Alumni

Do I input AJ with the same dollar amount on Scheduled K-1 Box 20?

Yes, enter the information in two different lines. There is no opportunity to enter the explanations for Line 20 so enter as is. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question