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Business & farm
Enter both amounts. The amounts in Box 14, with Codes A and C, just describe the type of income reported in Box 1 of the partnership K-1. They are not added to income.
- Code A indicates that the income is considered self-employment and Schedule SE has to be generated.
- Code C is used to trigger the nonfarm optional method on Schedule SE (Form 1040).
‎April 9, 2021
11:24 AM