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1040 instructions 2021
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Farm Income • Schedule F ( Form 1040 ) • Sales of farm products • Rents method for timber or any commodity subject to the uniform capitalization rules . For more information , see Publication 525 and the instructions for Form 1040 . This chapter discusses income that you report on Schedule F. Do not confuseUse Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. If a taxpayer makes an election for federal purposes, California will follow the federal treatment for California tax purposes. Attach both the federal Schedule A (Form 1040) and California Schedule CA (540) to the back of your tax return. Standard deduction – Find your standard
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