From one of my K-1 statements, I input a loss of ~15,000 in box 14A self employment loss. Should this generate a Schedule SE with a loss? where does this number go next?
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From one of my K-1 statements, I input a loss of ~15,000 in box 14A self employment loss. Should this generate a Schedule SE with a loss? where does this number go next?
From one of my K-1 statements, I input a loss of ~15,000 in box 14A self employment loss. Should this generate a Schedule SE with a loss? where does this number go next?
Schedulel SEs calculate how much self-employment tax you owe on a profit. No profit, no SE tax.