2295163
I have entered unreimbursed partnership expenses (UPE) which correctly show up on Schedule E (Part II). However, on line 2 of Schedule SE, TT is taking the full amount of self employment income reported in box 14 of my K-1 without first subtracting UPE. Because UPE should reduce self-employment income this appears to be a mistake in the calculation on Schedule SE. How can I ensure that line 2 of Schedule SE properly accounts for UPE so that my self-employment taxes are calculated correctly?
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TurboTax should subtract your unreimbursed partnership expenses and report your net partnership income on line 2 of Schedule SE,
You can made a manual adjustment on Schedule SE.
Thanks. Still not sure why the calculation wasn't done automatically, but the manual adjustment did the trick.
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