This is all fine and good, but are you aware that if the box at the top of Schedule 1 is the only numerical entry on Schedule 1, then Schedule will NOT be included in your return? Might confuse the IRS when they try to match the 1099-K amount and the number is nowhere to be found in your return.
I complained about this a few weeks ago and apparently, as of TT Basic Windows Version [phone number removed], it still functions that way.
The logic appears to be: if there are any entries on Schedule 1, lines 1 through 26, include Schedule 1; otherwise do not include Schedule 1.
The logic should be: if there are any entries on Schedule 1 OR if the 1099-K block at the top has an entry, include Schedule 1; otherwise do not include Schedule 1.
The temporary fix that I discovered is simply to go to line 8z and enter $0. Then TT will include Schedule 1.
Or am I completely out to lunch on this issue?
