Enter the income in the correct areas and then subtract them back out.
You can make 2 subtractions listing each code or add them together.
Follow these steps:
- Open to federal income
- You may need to show other income or less common income
- Locate Miscellaneous Income, 1099-A, 1099-C, Start
- Scroll to the bottom
- Other reportable income, Start
- Other taxable income?
- Select YES
- Description Tax Exempt China Treaty article 20
- Amount, enter your negative amount -use a minus sign in front.
- Continue
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