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Schedule K-1

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.

 

Thank you in advance. 

 

 

 

 

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