Barry H Posted October 8, 2021 Report Share Posted October 8, 2021 I have some non-deductible interest and penalites on tax and I am not able to have anything show up on the Net Income (Loss) for Income Tax Purposes - Schedule 1 line 103. How do I get this item to populate? Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted October 8, 2021 Report Share Posted October 8, 2021 Not sure what you want but tax penalties are not tax deductible and you say your interest isn't either, so neither should show up as an expense. Quote Link to comment Share on other sites More sharing options...
Barry H Posted October 8, 2021 Author Report Share Posted October 8, 2021 Correct, so I need to show it as an add back to the net income number on line 103 Quote Link to comment Share on other sites More sharing options...
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