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

Self-employment Tax

Twin
Level 1

I am trying to figure out why self-employment tax is not being calculated on partnership income. The partner is a general partner in a wallcovering business. Shouldn't there be self-employment tax. ProSeries is not calculating it. Why?

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15
thats why its not computing it. Who prepared the 1065?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

3 Replies 3
Just-Lisa-Now-
Level 15
Level 15

Does the K-1 have an amount in Box 14?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Twin
Level 1

No it does not.

0 Cheers
Just-Lisa-Now-
Level 15
Level 15
thats why its not computing it. Who prepared the 1065?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post