- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Just to confirm. When taking the pass-through deduction, this is after all deductions on the schedule C which is your net profit? For example, if my net profit is $9500 after deductions, the pass-through deduction would be $1,900 which is 20%? Is this correct? Also, I file joint and my wife is a w2 employee. Do I just calculate this off of my schedule C income for my business and then move the amount for that deduction to the 1040?
‎July 7, 2019
3:09 PM