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Guaranteed Payments for Capital not calculating SE tax

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?

 

 

 

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1 Solution

Accepted Solutions
JRC
Level 8

If Box 14 is Zero than it will not show up as SE income.

View solution in original post

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2 Comments 2
JRC
Level 8

If Box 14 is Zero than it will not show up as SE income.

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That's it! Thank you!

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