I can't determine how ProConnect is calculating Self Emp Earnings on my partnership K1. I have 2 equal partners and it's coming up with different amounts for each. Help?

cobuzio · ‎03-06-2022

I also can't determine the calculation for either partners figure - let alone why they aren't the same.

TaxGuyBill · ‎03-06-2022

Are you referring to the number in Box 14 of the K-1?

Are there Guaranteed Payments?

cobuzio · ‎03-06-2022

Yes - box 14. There are no guaranteed payments.