KTRAFKA
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When reporting on schedule C, you will be reporting the total of your income. Keep supporting lists and details for you to explain how you came up with your tot...
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When you are in the business, you will report your income and expenses on Schedule C - you are considered self employed. When you show your gross income - that ...
Activity Feed for KTRAFKA
- Cheered Re: TurboTax handles this as if they were two separate K-1s.... for DavidS127. September 2, 2021 7:41 AM
- Cheered TurboTax handles this as if they were two separate K-1s.... for DanielV01. September 2, 2021 7:39 AM
- Posted Re: I purchased a home to remodel and then sell (flipped) where do I show this income and expenses? on Investors & landlords. September 2, 2021 5:47 AM
- Cheered Re: I purchased a home to remodel and then sell (flipped) where do I show this income and expenses? for IsabellaG. September 2, 2021 5:40 AM
- Cheered Re: I purchased a home to remodel and then sell (flipped) where do I show this income and expenses? for Critter. September 2, 2021 5:40 AM
- Posted Re: If you are in the business of flipping houses, you will r... on Investors & landlords. September 2, 2021 5:39 AM