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Business & farm
Sorry for the confusion: When I say box 1 is taking $4,500 ( I wanted to say, when I enter $20K in box 1 (income) from K1, it results in federal due of $4,500). The same amount $20K which is entered in 14 Code A (self-emplnt earned) again following my K1, this result a further due of $2,800. Because of these two entries I am getting a total due of $7,300. Note that the total income is only $20K, but it is indicated in box 1 and box 14A.
‎June 6, 2019
1:06 AM