How to enter self-employment income for a partnership K-1 in Lacerte

Before you start:

• Lacerte will carry this amount to Schedule SE, Part I, but not to Schedule E, page 2.
• To also carry this amount to Schedule E, page 2, enter the amount in the K-1 Income (Loss) input section.
• The program reduces self-employment tax for depletion and section 179 only if the Not a passive activity box is checked (Screen 20.1, code 32).

To enter self-employment net earnings for a partnership Schedule K-1, box 14:

1. Go to the Detail tab.
2. Select Screen 20, Passthrough K-1's.
3. Scroll down to the Line 14 - Self-employment subsection.
4. Enter amounts in the applicable fields.