topic Where do I input Line 2 "Returns and Allowances" on my Form 1040 Schedule C? in Business & farm

Where do I input Line 2 "Returns and Allowances" on my Form 1040 Schedule C?

bp113 — Fri, 03 Jul 2020 22:46:19 GMT

I don't see where to input my Returns for my business (which typically go on line 2 of the Schedule C). Should I just deduct this from my gross sales and input that as income?

Re: Where do I input Line 2 "Returns and Allowances" on my Form 1040 Schedule C?

BillM223 — Fri, 03 Jul 2020 23:35:29 GMT

It is under Business Income: Income You Gave Back.

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Re: Where do I input Line 2 "Returns and Allowances" on my Form 1040 Schedule C?

Critter-3 — Sat, 04 Jul 2020 00:50:56 GMT