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Self employed
If your net self-employment income is being reduced, then your overall income on line 9 of your 1040 would also be reduced.
You will not see a change on your K-1 worksheet, only on the Schedule E worksheet. Then you will see the number from the Schedule E worksheet on line 5 of Schedule 1. This will then flow to line 8 of your 1040. Then your line 9 will be over all lower.
Line 8 on your 1040 will be a sum of all of your other income from Schedule 1.
When I walk through the steps, I see all the proper changes and reporting in my return. If you are not, then you can try deleting the Schedule E worksheet and looking at your numbers, then re-entering them. But, before you do that start with looking at the lines mentioned above. You can also use the Data Source feature to see where the numbers are coming from. To do this hover over line 8 on your 1040, click the magnifying glass then repeat until you back track through all the sheets and see all the numbers that compose line 8.
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