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New Member
posted Jun 6, 2019 9:39:14 AM

Why does the amount of tax I owe increase when I enter Expenses on Scheduel F?

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1 Replies
Level 15
Jun 6, 2019 9:39:15 AM

FIRST ... you MUST report all income & expenses you have on the Sch F  no matter what the refund/balance due meter says.

Next, reduced income can reduce some credits.  Since you have the downloaded version switch to the FORMS mode and look at the form 1040  before & after you enter expenses   to see how those entries are effecting the return.