johnh
Returning Member

Should 1065 K1 have a box 14 entry if the profits are shown in section 199a box 20?

I have a multi-member LLC using Turbotax business to file a 1065. The K1 shows a section 199a (box 20) item, but there doesn't seem to be a self employment tax entry (box 14). Is this a bug in Turbotax Business or is the K1 correct not to have a box 14 entry if the profit is reflected in box 20?