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I would agree with you. I have a new client who is listed as a limited partner on the tax return and is in a limited partnership. He is 100% active in the business. So by definition, he is not a limited partner, but is shown as such in the legal documents. Based on research with court cases, the IRS has won where a person is involved in the business, but listed as a limited partner and not paying self-employment taxes. I have received K-1's on different clients where they are listed as limited partners, but still have self-employment taxes. Based on my research, I believe he should be paying self-employment taxes because of his involvement, but I do not want to change his status on the return as a limited partner. It doesn't appear that Proseries will allow you to do that unless you override or make him a general partner.
I was hoping to avoid explaining all that with my first comment......"I am not asking if a limited partner is subject to self-employment tax"., but rather if the system will allow you to do it in some way.
If you have research to the contrary of what I listed, please share.