PatriciaV
Expert Alumni

Business & farm

If you received a Schedule K-1 that reports self-employment income that you're unable to connect to other income reported in Boxes 1-3, you may need to contact the company that sent you the K-1 for an explanation. You must enter all information from Schedule K-1 for an accurate tax return.

 

Note that if you received guaranteed payments, this income is considered to be self-employment.

 

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