Hi ProSeries family,

Does anyone have an insight about this find of return?  A have a client who is a member of a cooperative and she got a K-1 (form 1065).  She is a limited partner and her Part III Partner's share is the following:

Box 1. Ordinary Business Income $3,002

Box 4a. Guaranteed Pymts $22,166. (this is also the Total Guaranteed - Box 4c)

Box 14. Self Employment Earnings    A.$25,168.   B.$22,160

Since she is not self-employed but a member of a cooperative, is she able to make deductions?  Since she has self-employment earning, can she fill out a Schedule C? If not, and if she can enter deductions,  where would she?

I appreciate any help on this.

Rosario