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 Net Profit Tax Return 2018

Net Profit Tax Return 2018-2025 Form

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in this video let's take a look at the federal income tax forms that have to be used to report property dispositions that we're learning about here in Chapter three we know that for 2018 there's a new format the so-called pork postcard format for the 1040 and on this first page there's no dollar amounts being reported the dollar amounts are on the back side and in lines one through five you can see the common types of income and what we're learning in Chapter three is not common so we have to first report it on our schedule number one and then write the total dollar amount here in line six and combine it with those common types of income so let's take a look at schedule number one this is a new schedule created for 2018 and we're familiar with back in Chapter 1 a Schedule C the sole proprietorship net income or net loss but now here in Chapter three we're learning about capital gains and losses that are reported on Schedul

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