K-1 / Partnership Income Calculator
Calculate qualifying income from K-1 (Form 1065 or 1120-S). Two-year average method.
%
Year 1 (Most Recent)
Can be negative (loss)
$
Add back (Form 1065 pg 1 / 1120-S Sch K)
$
Box 2 real estate, Box 3-4, etc.
$
From business return if applicable
$
Not used in calc, but verified against income
$
Year 2 (Prior Year)
Can be negative (loss)
$
Add back (Form 1065 pg 1 / 1120-S Sch K)
$
Box 2 real estate, Box 3-4, etc.
$
From business return if applicable
$
Not used in calc, but verified against income
$
Help & Guidance
Frequently Asked Questions
Everything you need to know about this income type and how lenders evaluate it.
Warning Signs
Red Flags & Common Problems
These situations can complicate or prevent mortgage qualification. Know them in advance to avoid surprises.
⚠ Estimates only. Not a loan commitment.
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