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I can't determine how ProConnect is calculating Self Emp Earnings on my partnership K1. I have 2 equal partners and it's coming up with different amounts for each. Help?

cobuzio
Level 2
I also can't determine the calculation for either partners figure - let alone why they aren't the same.
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2 Comments 2
TaxGuyBill
Level 15

Are you referring to the number in Box 14 of the K-1?

Are there Guaranteed Payments?

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cobuzio
Level 2

Yes - box 14.  There are no guaranteed payments.

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