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Solved Re: How do I enter K-1 line 20 code AJ information?

Form 461 does not have line to accept Box 20 code AJ amounts. What does Turbo Tax do with Box 20 code AJ amounts?

leonkonecny

Updated May 04, 2025
Re: Schedule K-1, Box 20 AJ shows the following: Aggregate Business ...

Assume the the taxpayer's total losses exceed the excess business loss threshold then what line on the form 461 should I expect to to see the Code AJ amounts?

leonkonecny

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Updated May 08, 2025

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