Schedule C 27b reserve for future, how too? Have self-employed business income that I want to reserve for the future.
I am self-employed and have filled out schedule C for my business. I would like to reserve part of my income for future business use, see Schedule C, line 27b. TurboTax does not allow to add a number on that line.
How can this be done?
023902
2 Replies
lucvanhove
New Member
Jun 3, 2019 1:47:53 PM
Recommended, Thanks.
DoninGA
Level 15
Jun 3, 2019 1:47:55 PM
On Schedule C Line 27b, the Reserved for future use is future use by the IRS, not the taxpayer.