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Get your taxes done using TurboTax
@freeliberty1980 wrote:.....when I go to the self employment tax it still has be paying it. How do I fix this?
If there is a figure is on Line 14 (A Code) of your K-1, that amount is subject to SE tax and the program will treat it as such.
If you are a sole proprietor, it would be highly unusual for you to NOT materially participate in your business. If that is the case, however, then you should be aware that your deductions will be limited by the passive loss rules and you may have to file Form 8582.
‎October 24, 2025
10:19 AM