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posted Jun 3, 2019 1:41:01 PM

Where does Schedule C line 31 business loss go on 1040?

last year there was a line 12 income on schedule 1040 for Schedule C loss

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1 Best answer
Level 15
Jun 3, 2019 1:41:04 PM

The amount would be entered on line 12 of Schedule 1 and then carried over to line 6 on form 1040.

1 Replies
Level 15
Jun 3, 2019 1:41:04 PM

The amount would be entered on line 12 of Schedule 1 and then carried over to line 6 on form 1040.