- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@TXDAD Don't confuse the form total with all the moving pieces inside of it.
sch 1 is comprised of many different items. There could $90,000 in losses from one thing and $20,000 in gains for something else and so on. There are so many parts and pieces, it would be easy to have the loss from active income on sch 1 affecting EIC while other passive activities are changing sch 1.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
May 12, 2021
1:54 PM