Hello! We have not yet filled out an amended return, but in our original 2020 tax return, on the Schedule SE (Form 1040) Part I, the following lines have numbers; 2, 3, 4a, 4c, 6, 7, 9, 10, 11, and 12. Part II only has line 14 filled in (the 5,640 you mentioned).
We are trying to figuring out if the line 14 should be blank (if we did something wrong on our original return) and whether or not we need to do an amended return because of that. I do see that the IRS 1040 Schedule SE hard copy form has line 7 (of Part I) set at 137,700 and line 14 (of Part II) set at 5,640.
My question: is Part II Schedule SE 1040 being filled in with 5,640 on line 14 okay, even when certain lines of Part I of the same form are also filled in? (Given that we do not have a farm, never had, don't do farming, etc.)
Any help would be much appreciated! Thank you!
