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Deductions & credits
ok, I did that and now it says she owes $101 instead of $200.
She had a net loss just from the purchase of the animal and feed alone, not counting mileage to/from the barn, multiple livestock shows, etc.
Income: $1,412 Expenses: $2,487.60 Net Loss: $1,075
Since it is NOT a business I can't claim expenses, which means I probably need to file this return by mail and add a letter and other supporting information.
It is ridiculous that I have to spend a couple of hours and something that should be a simple return.
‎February 25, 2024
12:38 PM