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Retirement tax questions
There are 2 ways to do it ...
One it to put it on a Sch C (especially if the amount in box 7 is over $400) as income then make one expense for "income reported on Business return" .
Or ( and this one could get you an IRS letter to explain your action ) put it on line 21 of the form 1040 by making 2 entries ... one positive then one negative.
‎June 6, 2019
5:10 AM