Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Passthrough K-1 income from a partnership is not being subjected to self employment tax calculations on Form 1040.

toddmcgrew
Level 2
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
abctax55
Level 15

Does the K-1 indicate the income is subject to SE tax in box 14A

And if so, did you enter that amount in the program?

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
0 Cheers
toddmcgrew
Level 2

Thank you ABCTAX!! I dod not have them identified as General Partners in the 1065, and that was causing box 14a to not populate. THANK YOU!!!!!!!

abctax55
Level 15

YVW...

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
0 Cheers