qbteachmt
Level 15
05-25-2021
11:47 AM
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I forgot about this: "he has a loan of $114,000 he made to some one else. A/R. where do I reflect that in sch c?"
That's likely Personal.
"how do I reflect date purchased and date sold on SC C?"
That would apply to capital gain. You have an Income operation.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.