FP101_r5_Wk8_Ramsay_Tax_Return

reduce this amount by any unreimbursed nonfarm

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Unformatted text preview: Reduce this amount by any unreimbursed nonfarm partnership expenses you deducted on Schedule E. Do not include any statutory employee income or any other amounts exempt from self-employment tax. Options and commodities dealers must add any gain or subtract any loss (in the normal course of dealing in or trading section 1256 contracts) from section 1256 contracts or related property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b c. Enter any net farm profit or (loss) from Schedule F, line 36, and from farm partnerships, Schedule K-1 (Form 1065), box 14, code A.* Reduce this amount by any unreimbursed farm partnership expenses you deducted on Schedule E. Do not include any amounts exempt from self-employment tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2c d. If you used the farm optional method to figure net earnings from self-employment, enter the amount from Sch. SE, Section B, line 15. Otherwise, skip this line and enter on ln. 2e the amt. from ln....
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This note was uploaded on 02/03/2014 for the course FP/101 FP/101 taught by Professor Nicoleramig during the Winter '10 term at University of Phoenix.

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