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April 15, 2024
Question

Why is self-employed income twice the actual?

  • April 15, 2024
  • 1 reply
  • 0 views
reported income $11835.00 with home expenses percentage allowed $2067.74 = $9767.26. Net self-employed income reports as $19534.52. double the actual.

    1 reply

    TurboTaxSusan
    April 15, 2024

    Was you self-employment income reported on a T-slip? If so, you don't need to enter the amount again in the income part of the self-employment section. It should already automatically be there in its own box.