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Self employment tax not required, even though I have a K-1??
Hello,
In addition to my regular job with W2, I have an LLP business with 1065 and K-1 forms. I am doing my turbotax now and it is saying that Self Employment tax is only required for people with K-1 forms and is not required for me. However I **do** have a K-1 and it is entered. it shows up on my income summary page. yet still, there is nothing showing on the self employment tax section.
I think I am supposed to have some self employment tax from my K-1 but it is not asking me for it.
please help!
thanks
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‎June 1, 2019
3:47 PM