1040 Sch E question

- J
- jessie
  
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posted
6 years ago

Fri, Oct 6, 2017 4:18 AM

1040 Sch E question

On Sch E page 2 there are columns for Passive and Non Passive Income from K-1.

If the amount is entered in "non passive income from K-1", is this amount subject to Self Employment Tax?

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- J
- jessie
  
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posted
6 years ago

Fri, Oct 6, 2017 5:18 PM

The K-1 is from a S Corp.

- L
- lotax
  
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posted
6 years ago

Sat, Oct 7, 2017 1:48 PM

"...is this amount subject to Self Employment Tax?" Probably not.

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