K-1 | BOX 17
The following is identified on K-1, Box 17:
AC Gross receipts for section 448(c) $XXX,XXX (amount)
AJ Aggregate Business Activity Gross Income $XXX,XXX (amount)
AJ Aggregate Business Activity Total Deductions $XXX,XXX (amount)
However, when I try to enter into Turbo Tax (Premier), the only description for Code AJ is:
Excess business loss limitation
What is the issue here? Why does TurboTax Premier not have additional descriptions for Code AJ?
Help.
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