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April 13, 2024
Question

Statutory Employment W-2 Wages Reported on Separate Schedule C Reduces My Refund

  • April 13, 2024
  • 0 replies
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I originally included statutory wages and non-employee compensation (1099-NEC) on the same Schedule C, and Turbo Tax showed a certain refund. However, the program said I had to link the statutory wages to a separate Schedule C. When I did that, and making no other changes, my refund went down. Why did that happen?