Question
1065 K-1 Box 20 code AJ and code NJ - how to enter in proseries
Hi, client has K-1 with rental income. Code AJ reports Gross Income and Total Deductions. Code N has business interest expense. Do I need to enter them anywhere else besides the K-1 in the individual return? Or are these reflected in the net rental income, box 2 of the K-1, hence they are informational in nature? Thanks!
