![]() ![]() These transactions cannot be directly reported within the K-1 of the program. If you have another Box 15 Code, please review these Partnership instructions and you can contact us for further information regarding that specific credit. There are other Box 15 Codes that TaxSlayer does not currently support direct entries in this section. It will pull to the 1040 form appropriately with a statement for the partnership and entity information. This is a taxpayer's share of the Credit for Backup Withholdings on dividends, interest, and other types of income. Report the amount as it is reported to you in Box 15 Code O. Box 15 Credits Code O - Back up Withholding ![]() You can review this optional non-farm method information in these Schedule SE instructions. If you wish to elect to use the optional non-farm method, you will need to make a manual entry under the Federal Section > Other Taxes > Self-Employment Tax (Schedule SE). This amount will be included in the self-employment income total and used to calculate self-employment tax appropriately. Report the amount as it is reported to you in Box 14 Code C. You can review this optional farm method information in these Schedule SE instructions. However, if you elect to use the optional farm method to calculate self-employment tax, you will need to make a manual entry under the Federal Section > Other Taxes > Self-Employment Tax (Schedule SE). This income will pull to Schedule E automatically. Report the amount of income as it is reported to you in Box 14 Code B of your form. You can review the loss limitations here. If there is a loss reported to you, please report the deductible amount as a negative in this field. This will be reduced appropriately by the program by any section 179 deduction you previously reported. ![]() If there is a positive amount reported to you in this box, please report the amount as it is reported to you. Box 14 Self Employment Earnings (Losses) Code A - Net Earnings or Loss from Self Employment Income You can review this article for any Box 20 codes that are not included in the Schedule K-1 entry. Please be aware that the program does not allow for direct entries for all Box 14-20 information. This section of the program contains information for Part III of Schedule K-1 1065. You should report Box 14, 15, 17, 18, and 20 information from your Schedule K-1 Form 1065 under the ![]()
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