If I'm filing an amended return, is it best to not remove any income? My issue is that with multiple income streams, my expenses are equal or greater than my income.
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If I'm filing an amended return, is it best to not remove any income? My issue is that with multiple income streams, my expenses are equal or greater than my income.
I did not have time to calculate expenses when I initially filed so now I am going back. I need to know if it is frowned upon to totally remove a certain stream of income (even if expenses exceed income).
posted
3 weeks ago
last updated
October 21, 20253:36 PM
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If I'm filing an amended return, is it best to not remove any income? My issue is that with multiple income streams, my expenses are equal or greater than my income.
Are you talking about different schedule Cs? If you removed the income then where would you move it to? A different schedule C?