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The partnership is a pass thru entity. This means that the partnership files a tax return, the 1065, but does not pay tax. The income flows thru to the members of the partnership who must then pay the tax on their personal tax return, the 1040. If on the partnership K-1, there is a positive amount on line 14 code A, this is the amount that is subject to SE tax. So you would have to pay SE tax on this amount on your personal tax return providing the SE income is $400 or more. Please let me know if this doens't answer your question completely.
Thank you, XXXXX XXXXX that mean if I calculated my SE income to be less than $400 then I don't have to file?
That could be true. However, if your partnership has a loss that creates an NOL, you will want to file in order for that NOL to be carried forward or carried back. And if your partnership has any credits that could carry forward or back, you would want to file to get those in the records.