I wonder if the option to select "Personal services not a material income producing factor" on Schedule C is intended as, "Personal services business -- capital not a material income-producing factor." I would send this to Intuit for consideration, but don't know how I would go about that. Hopefully they're monitoring the community. 🙂
this is a serious issue and it needs to be fixed. The wording of this is misleading and has caused a tax error of several thousand dollars for one of my clients.
