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Deductions & credits
@OldCarGuy wrote:
BUT if the earning are negitive it does not list anything in Box 14 of the K1 -- which is correct
No, that is not correct. A loss (negative earnings) should still have the numbers in Box 14 because code "C" allows the optional method of SE tax.
IF prior years were not doing that, then the prior years had an error and this year has been corrected.
Friday