My self-employed Professional income (line 139) should show a negative amount (loss), but it appears as $0. The negative amount is used to compute total income (line 150)

The loss should reduce my other income (pension income, etc.). The software does not appear to be incorporating this loss, so the 'Total income' line 150 is not correct. I had same loss scenario in 2017, and the software calculated it all correctly. (On last year's 2017 PDF copy, it's easy to see the actual 'loss' on line 139, and can see it was used to reduce my overall income at line 150.

985

New Member

Oct 31, 2019 1:07:48 AM

My self employed Income was reduced to $5253.53. Should it have been reported on my return.

Why sign in to the Community?

My self-employed Professional income (line 139) should show a negative amount (loss), but it appears as $0. The negative amount is used to compute total income (line 150)