Okay Proconnect Community. I'm entering and modifying revenue on SchC, and when doing so my IRA contributions gets modified on schedule 1? What am i doing wrong
Okay Proconnect Community. I'm entering and modifying revenue on SchC, and when doing so my IRA contributions gets modified on schedule 1? What am i doing wrong
If you actually mean IRA (rather than a self employed employer plan), does the taxpayer have an employer retirement contribution (either self employed or another employer)? If so, the IRA deduction may change if the income is in the phase-out range.
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