The reporting of Self-Employment Earnings on Schedule K-1 Line 14 is determined by the "Partner Entity Type" designated under the Partner/Member Information section under Business Info during the interview. Look for the page "Tell Us More About This Member." You can also see/edit this information in Forms Mode at the top of each member's information on the Sch K-1 Wks.
For most partnerships/LLCs, general partners who are active in the business receive self-employment earnings. Limited partners who are not actively involved in running the business do not.
For individual, partnership, nominee-individual, nominee-partnership, or LLC/LLP member general partners, self-employment earnings is the partner's allocable share of amounts calculated on the Net Self-Employment Earnings Worksheet (SE Earnings Wks in Forms Mode).
For individual, partnership, nominee-individual, nominee-partnership, and LLC member limited partners, self-employment earnings are guaranteed payments from line 4c plus adjustments entered on the Net Self-Employment Earnings Worksheet, line 4d.
If there are certain rental real estate activities, or other adjustments to self-employment earnings, you should enter an amount on the Net Self-Employment Earnings Worksheet.
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