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Posted

I note box 4 is split on the 2019 Schedule K-1 into a, b & c

are both a & b self-employment income?

(Don't have a completed k-1, just have a question asked me about it that I can't answer and just wondering how it will work.)

thanks 

CBW

  • 1 month later...
Posted

I believe so. See Treas. reg. 1.1402(a)-1(b) re "use of capital" payments.

Luke Bailey

Senior Counsel

Clark Hill PLC

214-651-4572 (O) | LBailey@clarkhill.com

2600 Dallas Parkway Suite 600

Frisco, TX 75034

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