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Sch-C loss. how to carry over? not report deduction that created loss and put on next year tax or is there a place to put it so we can carry over later. pre SE-tax
Home and Business 2017
Loss on Sch-C, this year, that I want to hold over for the following year.
Renovations on our shop, large equipment repairs there are several that could have caused the negative.
Tax benefit of the negative will be better on next years taxes if it falls Pre SE-tax.
Do you just not take deduction that throws you NOL and take it the following year? Or is there a form you show the loss and can enter to carry this loss forward?
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‎June 4, 2019
12:51 PM