What am I doing wrong? My self-employment info shows the net income as a loss of over $5,000., but my info shows net income of around $1900.. What am I doing wrong?
The Turbo Tax calculates it as a loss. I can't figure out how to get the right answer from TT.
014024
1 Replies
Jo2810
Level 3
Jun 14, 2024 7:12:56 AM
If your self-employment shows a net loss of $5,000 and your total income on line 15000 is $1,900, you may have entered other sources of income (such as employment income, RRSP income, or other sources).