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Deductions & credits
I'm sorry I'm struggling to wrap my head around this. I think I need to plug my foreign income (salary from a job) on line 1h on form 1040 (other earned income). Please let me know if that is not correct.
As suggested, entering it as self-employed income on schedule K is triggering such a big tax for some reason that it resulted in a 30% extra tax calculation, a 5 figure tax refund turned into a tax due position. So this resolution doesn't seem right at all. This software is supposed to make our lives easier, it's turned into a full time job right now. Please help.
Also, where do I get the Certificate of Participation from?
‎April 12, 2024
10:51 PM