I am trying to send a clip to after effects with dynamic link. The clip goes to AE but the effects do not. Happens if effects directly applied to clip or as separate adjustment layer. After clip linked, adjustments in AE go back to premiere pro but edits in premiere pro do not go to AE.
This isn't that surprising. Not everything will translate over to AE, and nothing from an Adjustment Layer will go over when you send the clip.
You can apply all the effects over in AE, or you can export out an Intermediate with the PP effects 'baked in' for use in AE.