Carol65
Level 3
02-04-2021
05:46 PM
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I've got the same problem as I believe the original question was referring to. On my CPA firm 1120S K-1 it shows my gross income for the year on line 17 AC. When I input this into my individual return it shows that I owe self employment tax on my gross income. Line 17 AC has never appeared on a prior K-1 for my business.
I cannot see any override for line 17AC. Any advice would be appreciated.
Thanks