ljwalters Posted April 9, 2008 Report Share Posted April 9, 2008 I can't seem to be able to get the income (all self employment) on line 14a of the the sch K of the 1065. I can't seem to figure out how I did it last year either. I know I'm missing something. Thanks Linda and Buddy Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted April 9, 2008 Report Share Posted April 9, 2008 Make sure all the partners are general partners and Active Individuals, and it should flow there automatically. Quote Link to comment Share on other sites More sharing options...
ljwalters Posted April 9, 2008 Author Report Share Posted April 9, 2008 KC Could you PLEASE could you be so kind as to walk me to the check boxes. I'm, not usually this blind, its just that I am so sick I am all doped up on meds trying to finish the season. and I can't find the place in the program to indicate active participation. I've done this same return for several years now, it allways flowed before. HELP Linda Quote Link to comment Share on other sites More sharing options...
Pacun Posted April 9, 2008 Report Share Posted April 9, 2008 All you need is to check General partner, enter income on line 1 or whereever, then on line 14 A (second line, non-farm income) enter the self employment income. Sch SE will be populated. I open K-1(1065) worksheet and SE for 1040 and the number flow. I believe your problem is that you entering it on line 14C. Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted April 9, 2008 Report Share Posted April 9, 2008 OK. Pacun is talking about entering in on the 1040 and the K-1 input sheet. You, as I understand it, are talking about preparing the 1065, right? On the K-1, the Input tab, scroll down to section G. Mark the box there for General then H would be domestic, then I would be type, and there you enter A for Active. That should cause the ordinary income to flow automatically to SE taxable. Quote Link to comment Share on other sites More sharing options...
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