Tax question

debyoung Posts: 9, Reputation: 1

New Member

Oct 23, 2011, 02:37 PM

Tax question

Do you report self employment net loss as a negative number on line 12 of the 1040?

taxesforaliens Posts: 649, Reputation: 117

Senior Member

Oct 23, 2011, 06:20 PM

Yes. Line 12 is the net income or loss calculated on Schedule C

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