I have K1 income from an LLC taxed as a partnership. I believe I am a limited partner legally, but have over 500 hours worked in company. Income wasn’t guaranteed payments, but I believe from what I’ve read that I still need to pay self-employment tax on the income. Turbo tax did not include that income in my self employment income. Is that correct or should I add the income into line 14 on my k1 when entering in turbo tax?
