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Business K1 Partnership
So what is the difference in Box1 of the K1 and Box 14
Box 1 is the profit the business made and Box 14 is the Self Employment Earnings
Now If my business made 44,100 (my earnings) and the Self Employment Earning was
44,100 if I put both of those in the K1 Section of my personnel it seems to double tax me
The business is a consulting where the money that comes in is my pay
So how do I enter this in the personnel tax. If the business made 44,100 all of that went to my salary
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‎April 11, 2024
6:32 AM