Yes, but shouldn't business expenses on my schedule C reduce my P/L? I always thought that's what schedule C was for. To show the costs of doing business.
I did a test. Right now, turbo is showing a net PROFIT of $530. So I added $1000 in costs to my schedule C. This should take me from a net PROFIT to a net loss. But nope! It just reduces my home office deduction in keeps my net PROFIT at exactly $530. Makes ZERO sense.
