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March 26, 2021
Question

Why isn't partnership income included as earned income?

  • March 26, 2021
  • 1 reply
  • 0 views
I was actively involved in the partnership.

1 reply

Employee
March 26, 2021

You need to materially participate in the partnership and the earnings subject to self-employment should be reported on Line 14 of your K-1.