alexa Posted October 9, 2003 Posted October 9, 2003 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 Posted October 10, 2003 Posted October 10, 2003 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 Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
R. Butler Posted October 10, 2003 Posted October 10, 2003 179 expense isn't included on Line 15a. You do have to reduce 15a by the 179 expense before carrying over to Sch. SE
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now