topic My self employed business income from my 1099C is different on my MA state income, why? in Get your taxes done using TurboTax

My self employed business income from my 1099C is different on my MA state income, why?

dancer67 — Wed, 05 Feb 2025 15:42:27 GMT

On my self employed schedule C, my business income is $18,388. When it transferred over to my MA State form, my income(that states it was transferred from my federal return) is $18,334. A difference of $54.00. I have checked everything. The only thing different this year is we sold a business vehicle, that we took actual expense on, used 100% for business, and did not use it for trade. I even went in and changed a value for my income to see if it changed on my state, and it did, so I know it is transferring over to the state. But I don't know why my State of MA is showing $54.00 less then my federal self employment income. Is there something that MA does not tax that I am not aware of? I have run all the state/federal checks. No errors. Thank you

Re: My self employed business income from my 1099C is different on my MA state income, why?

KeshaH — Wed, 05 Feb 2025 17:47:11 GMT

We can look at your return and see exactly what you see to help come to a resolution. The return will be scrubbed and won't include any of your personal details.

If you're using TurboTax Online:

Once you're logged in to your account,

- on the left hand panel, click on Tax Tools and then choose Tools

- on the pop up window, select Share my file with Agent

- you'll see a message saying you'll give us a copy of your tax return. Your personal information will be changed so we can't see any private information.

- click okay and you'll get another message with a token

Please reply with your token and we will be happy to assist.

Re: My self employed business income from my 1099C is different on my MA state income, why?

dancer67 — Wed, 05 Feb 2025 18:05:39 GMT

I got expert help . She looked over my return and it’s in order . She is not sure why there is a 54.00 difference. But to go ahead and file, and will be fine. Thank you .

Re: My self employed business income from my 1099C is different on my MA state income, why?

KrisD15 — Wed, 05 Feb 2025 18:21:57 GMT

MA does a couple things different, such as not allowing health insurance paid on the MA Schedule C, but without actually looking at the return, it's hard to say.

I would look for something that you expensed for 54.00

You can also look at your MA schedule C and compare that to the federal Schedule C.

Here is a link to view your 1040 online

Re: My self employed business income from my 1099C is different on my MA state income, why?

dancer67 — Wed, 05 Feb 2025 18:48:07 GMT

We didn’t pay into health insurance.
The tax expert looked over my entire return, and couldn’t find any errors , or where the $54.00 difference was.
looked over 1040 and all the math adds up .
She said to go ahead and file , and it would not be an issue .