odonnellm
New Member

Get your taxes done using TurboTax

I had a similar situation, but had $12,305 of ordinary income on my K-1. I included that on my personal taxes (1040) but I don't think either business or personal software calculated any payroll taxes for me.  Do I need to pay payroll taxes?  Is it possible already incorporated into the amount of taxes I owe??  Thank you!