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Retirement tax questions
Entered correctly in forms mode, the result should be correct. Correcting the linkages might not cause the tax liability to change because, under a certain amount, the tax liability will be the same whether earned by separate businesses or all by a single business. Examine each spouse's Schedule C and Schedule SE to confirm correct reporting.
Do not revisit these entries in step-by-step mode once you have made them in forms mode. Revisiting them in step-by-step mode will likely undo the work you did in forms mode.
‎January 30, 2021
3:14 PM
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