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Deductions & credits
If you are a statutory employee there was an option to include the money on the schedule C. You should not have posted it to the Schedule C separately; it should have carried over.
The only way to know is to preview your tax return.
You can preview your tax return by going to:
- On the menu bar on the left that shows.
- My Info
- Federal
- State
- Review
- File
- Select Tax Tools
- On the drop-down select Tools
- On the popup menu
- Select View Tax Summary
- On the left sidebar
- Select Preview my 1040.
- Line 1 should not include the statutory employee income.
- Line 8 should include the business income.
- Line 8 comes from Schedule 1 which also can be reviewed.
- Schedules 1,2&3 are included if you scroll down past your 1040.
- To return to the entry screens press Back on the sidebar.
Some key numbers on your 1040 tax return are:
Line 15 - Taxable Income
Line 24 - Total Tax.
Line 25 - Withholdings.
Line 33 - Payments including Credits.
Line 34 - Overpayments.
Line 37 - Tax owed.
If I've misunderstood your question, and this does not completely answer it, please contact us again and provide some additional details.
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‎April 11, 2023
8:45 AM