dmertz
Level 15

Deductions & credits

For the box 13 code M amount on the Schedule K-1 (Form 1065) to appear on Schedule 1 line 29, you must have net earnings from self-employment reported with code A in box 14 of the K-1.  Otherwise, you can only take a Schedule A medical expense deduction for the health-insurance premiums paid.

View solution in original post