Schedule SE not completed

[BE7979]

Schedule SE does not calculate my self-employment tax based on information I entered from Schedule K-1

[MayaD]

Can you please clarify what you think Schedule SE is not calculating taxes based on your K-1 information? 

Please check, 2023 Instructions for Schedule SE

[BE7979]

The Schedule SE is completely empty. No name or any of the information that is in the K-1 form. TT say is that I don’t owe any tax but I know I have to pay payroll taxes for myself. How do I make it so that the Schedule SE calculates what I owe.

Thanks

[BE7979]

The Schedule SE is completely empty. No name or any of the information that is in the K-1 form. TT says  that I don’t owe any tax but I know I have to pay payroll taxes for myself. How do I make it so that the Schedule SE calculates what I owe.

Thanks

[DianeW777]

It's not clear what software you are using, however make sure you have selected 'General Partner' when asked. I used Form 1065-K1.

• When tested in TurboTax Online with the only entry being box 14, for self employment income, it shows the amount of self employment tax calculated and it is included on the Form 1040 (Schedule 2, line 4 and then carried to the 1040, line 23).
• When tested in TurboTax Desktop same information and same results.

Please update here with additional details and we can help you.  Also see the information below if you would like to try this.

If you would like to send us a “diagnostic” file that has your “numbers” but not your personal information it would help.  If you would like to do this, here are the instructions: 

TurboTax Online:

Go to the black panel on the left side of your program and select Tax Tools. 

1. Then select Tools below Tax Tools. 
2. A window will pop up which says Tools Center.  
3. On this screen, select Share my file with Agent. 
4. You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number. 
5. Reply to this thread with your Token number and your state. This will allow us to open a copy of your return without seeing any personal information.  

TurboTax CD/Download:

If you like, you can send a copy of your return that will be scrubbed to eliminate your personal data by using these steps:

1. Click on Online in the top left menu of TurboTax CD/Download for Windows
2. Select 'Send Tax File to Agent'
3. Write down or send an image of your token number and state then place in this issue.
4. We can then review your exact scenario for a solution.
5. Please also tell us any states included in the return. This is necessary for us to view the return.

We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution. 

@BE7979 

[Edited: 04/06/2024 | 10:05 AM PST]

[dmertz]

Only the amount shown with code A in box 14 of a Schedule K-1 (Form 1065) from a partnership represents earnings from self-employment that are includible on Schedule SE.

[VolvoGirl]

What kind of  business return is the K-1 from?  Like a 1120 or 1065?  You  might need a W2 from the business return to report your personal taxes.