I am a limited partner in a partnership. I have $16,433 reported on K-1 Form 1065, Box 1 (ordinary business income). Of that amount, $16,070 reported in Box 14 (code A) is attributed to self-employment. I have an accumulated loss from prior years, and I have offset the $16,433 from Box 1 against that loss on Form 6198. Since the accumulated loss absorbs completely the entire $16,433, must I still report the $16,070 from Box 14 on Form 1040SE and pay self-employment tax on it even though this $16,070 from Box 14 is included in the $16,433 in Box 1 (which I am offsetting against the at-risk accumulated loss reported on Form 6198)?