TIMMBO
Level 2
a month ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client has a negative income on their business. Their spouse has wages and distribution.
The correct amounts are shown on the AGI schedule, but the negative income for the taxpayer is
not being brought forward to the MO-1040 Fed AGI line 1. The taxpayers income is $0.
Not correct , should be the negative amount from the federal.
Labels
TIMMBO
Level 2
3 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If you do not put on the Y-1 then the total does not reflect the loss. Don't have time to bring up to Pro Series. Fixed it my self...Thanks