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Yes you are right. I just received a call from CPA firm correcting themselves.
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More specifically, line one is subject to ss tax. It is ordinary farm business income.
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I was told by the CPA firm that prepared the 1120 S that ordinary business income on line 1 of K-1 is subject to ss taxes.
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How do you get ordinary business income on a K-1 1120s to flow to Schedule SE?
