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Self employed
When you view your 2021 Federal 1040 tax return, is the Schedule C loss reflected on line 8 as a negative number?
Is the Schedule C loss reflected on Schedule 1 Additional Income and Adjustments to Income line 3?
Or is the Schedule C reflected in some other way? Did you report a Net Operating Loss on your 2021 Federal 1040 tax return?
If the loss should be carried over in some way, we need to identify how the loss was characterized on the 2021 Federal 1040 tax return.
Please clarify.
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‎April 5, 2023
6:05 AM