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Business & farm
What if you're running at a loss? We have a business that has an negative number in line 3 of Schedule SE. No matter what I enter in line 18, I get an error. It can't be a number less than 0, but when I enter 0 or anything greater than 0, it says the number is too large. I can't get around the error and still e-file. We're not eligible for the deferral, but I can't get rid of the Sch SE for the business running at a loss, even by adding temporary income and electing not to defer.
March 7, 2021
1:55 PM