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Schedule K, line 14a self-employment income is not being reduced by Section 179 in ProConnect Tax
by Intuit• Updated 8 months ago
The self employment is reduced by Section 179 for general partners on the individual level before entering on the Schedule SE. Lacerte doesn't automatically reduce the self-employment by Section 179. Refer to the IRS Instructions for Form 1065 for more information.
Choose the applicable module below for instructions on adjusting this calculation.