Answered: Self-employment Tax

Twin · ‎03-14-2021

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?

Just-Lisa-Now- · ‎03-14-2021

thats why its not computing it. Who prepared the 1065?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

Just-Lisa-Now- · ‎03-14-2021

Does the K-1 have an amount in Box 14?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Twin · ‎03-14-2021

No it does not.

Just-Lisa-Now- · ‎03-14-2021

thats why its not computing it. Who prepared the 1065?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Self-employment Tax

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