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Business & farm
Hi Volvogirl, I am at a loss here (pun intended)...I'm a sole proprietor, and this year I ended up paying my subcontractor more than I was paid from my employer (approximately 2380.00). I am getting flagged to fill out a schedule C with this info but I don't know what any of it means, and the site gives no guidance:
A Other preferences and adjs (see Help)
B1 At risk disallowed loss (enter as positive amt)
2 Related Disposition at risk disallowed loss
a Short term and ordinary disallowed loss
b Long term (section 1231) disallowed loss
C 1Passive disallowed loss
2 Related Disposition passive disallowed loss
a Short term and ordinary disallowed loss
b Long term (section 1231) disallowed loss
Can you help me with this?
March 18, 2020
11:00 AM