Twin
Level 1
03-14-2021
10:07 AM
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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?
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Level 15
03-14-2021
10:10 AM
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Does the K-1 have an amount in Box 14?
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Twin
Level 1
03-14-2021
10:12 AM
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No it does not.
Level 15
03-14-2021
10:13 AM
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thats why its not computing it. Who prepared the 1065?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪