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Deductions & credits
Right. I know.
doesn’t both Sch C net goes to one line item on 1040 and above is capital gain? If I have $20k capital gain, $5 expenses related to it. Other business I have $10k income and $30k expenses. Wouldn’t my 1040 show $20k + $10- $5k - $30k = -$5k loss as one amount
December 18, 2022
8:00 AM