Line 14a of the Schedule K is the sum of Self-Employment earnings for all partners.
- General partners or LLC managers- self-employment earnings include their share of all income as well as manual self-employment income adjustments.
- Limited partners- self-employment earnings consist only of guaranteed payments.
ProConnect computes line 14a using the Worksheet for Figuring Net Earnings (Loss) From Self-Employment from page 41 of the 1065 form instructions.
