ea_rva aka acctgtaxmatters
Level 5
06-05-2023
08:52 AM
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Hello,
I have a K-1, general partner who receives guaranteed payments for capital - LLC is commercial rental real estate business.
When I plug in the guaranteed payments for capital, the 1040 does not calculate SE tax.
What am I missing?
Best Answer Click here
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JRC
Level 8
06-05-2023
10:56 AM
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If Box 14 is Zero than it will not show up as SE income.
ea_rva aka acctgtaxmatters
Level 5
06-05-2023
11:08 AM
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That's it! Thank you!
