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1.I need help on how to post this to a 2020 1040 tax form and Schedule 1. The amount from the investment is $10,000
1.I need help on how to post this to a 2020 1040 tax form and Schedule 1. The amount from the investment is $10,000 with an $8,000 loss all in the same year that he was not a Material Participant. 2. Where does the $3000 for the IRA go on 2020 1040 tax form and Schedule 1?
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