Where do I input Line 2 "Returns and Allowances" on my Form 1040 Schedule C?
I don't see where to input my Returns for my business (which typically go on line 2 of the Schedule C). Should I just deduct this from my gross sales and input that as income?
02831
1 Best answer
BillM223
Expert Alumni
Jul 3, 2020 4:35:29 PM
It is under Business Income: Income You Gave Back.
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Business Income
Income You Gave Back
2 Replies
BillM223
Expert Alumni
Jul 3, 2020 4:35:29 PM
It is under Business Income: Income You Gave Back.