Actually - looking at this further, I do not think that is the way to report it at all. The method I gave will SUBTRACT the 1040 line 8 from the income and not add to it.
I am trying to understand the 1040 line 8 instructions that say to enter it there when line 8 is a deduction and not an addition to income.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
