Answered: Have issues with a small Schedule C loss cancelled on line 31

SwimDad · ‎03-30-2022

Working a retiree's Schedule C that shows a -$456 on line 29, but on line 31 shows zero. Off to the left it shows PAL which I'm assuming means Passive loss. Searches note Schedule E but nothing on Schedule C. Is there any way to get around this? Retiree is a translator at the local clinics and hospital. Thank you!

IRonMaN · ‎03-30-2022

There is a little question on the sched C worksheet to click on to make it active instead of passive.

Slava Ukraini!

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IRonMaN · ‎03-30-2022

There is a little question on the sched C worksheet to click on to make it active instead of passive.

Slava Ukraini!

SwimDad · ‎04-02-2022

Thank you for you assistance!

IRonMaN · ‎04-02-2022

You betcha!

Slava Ukraini!

Have issues with a small Schedule C loss cancelled on line 31

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