@knl0422 If that $48K is the only income that you have then there is a problem with how you entered the K-1.
If you have a lot more income that your 48K is added to then it can be taxed at a much higher rate than is with held by the employer. Employers only withhold on the income that they pay you. They don't know that your tax rate is much higher because of a bunch more investments or your spouse's salary.
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