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February 9, 2024
Question

New Hampshire State Tax Return - Compensation for Personal Services

  • February 9, 2024
  • 1 reply
  • 0 views

Just downloaded NH State. Net income from Sch C is 5115. 

But the Smart Worksheet Compensation for Personal Services Line A shows a different amount.
The Help states the values come from Sch C. There is no explanation or details on how Line A is calculated.
Has anyone run into this?

    1 reply

    DawnC
    Employee
    February 18, 2024

    Net income is self-employment income less self-employment expenses.   Check Schedule C, Line 1 or Line 7.   

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