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Retirement tax questions
Do you have a net profit or a loss?
Your net self-employed income should be on Schedule 1 line 12 and the 1040 line 6.
If you had a loss then you have no taxable income and the IRS does not permit e-file with no taxable income.
Your net self-employed income should be on Schedule 1 line 12 and the 1040 line 6.
If you had a loss then you have no taxable income and the IRS does not permit e-file with no taxable income.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 1, 2019
10:40 AM