Question
ProConnect Populating 1120S K-1 Box 17 Code AC and AJ
I am curious what trigger in the software is populating Box 7 Code AC and AJ for the 2024 1120S K-1.
I believe these codes are only for "Checks" on certain thresholds and do not impact actual taxpayer income. The taxpayer is extremely below the thresholds.
I've used both ProConnect and ProSeries and didn't see these items populated on the K-1, so curious what is triggering them.
