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lexyd45
New Member

should I check 32a or b on schedule c?

 
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1 Reply
DawnC
Employee Tax Expert

should I check 32a or b on schedule c?

Probably 32a.   If some or all of your investment is not at risk, you will need to attach Form 6198 - At Risk Limitations, as your loss won't be fully deductible.  Your investment is not at risk if you are protected from losing that money even if the business fails.    You can click that link for more information.  

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