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Business & farm
Got it. Everything is looking straightforward and the math is making sense.
Looking over the forms to amend my 2022, it appears Schedule C and Schedule SE are going to be exactly the same. Schedule C will still have the $12,764 on Line 13. Schedule SE looks unchanged as well because as you said, same tax liability.
So I will need to mail in a 1040X explaining the changes as well as a reworked 4562 taking the Bonus SDA instead of Section 179. Just those 2 forms should be it?
Thanks again.
‎September 5, 2024
8:57 PM