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Deductions & credits
if box 13 of your k-1 13M reads $111,000, that's what you syupposed to enter in TurboTax. what you need to do is go back to the company and get explanations.
income subject to SE tax is reported in box 14 usually 14A.
the K-1 is supposed to reflect what needs to be reported on your 1040 for the current year
March 2, 2026
8:23 PM