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Deductions & credits
I am having the same issue described above. In regards to income, my business is showing a loss for last year on schedule c, however I also have w2 income as, as does my wife. The loss on my schedule c is larger than my w2 income but less than our combined w2 income. Is the loss on schedule c negating my w2 income down to zero?
‎February 24, 2022
7:56 AM