alexa48
Oct 9 2003, 03:56 PM
Does the net earnings from self employment # on K1 ( I beleiev it's lien 15 of K1)already have excluded the Section 179 expense amount?
Appleby
Oct 10 2003, 01:10 AM
Check the thread at
http://www.benefitslink.com/boards/index.p...&hl=partnership - if this does not answer your question, please post a follow-up
R. Butler
Oct 10 2003, 07:41 AM
179 expense isn't included on Line 15a. You do have to reduce 15a by the 179 expense before carrying over to Sch. SE