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  • Re: Own an LLC that had a net loss for 2019. Entered K1s. Does self employment tax section apply (earnings of at least $400 AND nonfarm optional less than five times)? Huh?
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Anonymous_
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Business & farm

Look at your K-1. Is there a figure on Line 14?

 

‎October 4, 2020 12:59 PM
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