You need to know
When you have completed your 2004 business and professional items schedule for individuals (PDF 276KB)This link will download a file NAT 2816–04 you will need to transfer:
- your Net PSI amount (if any) from A item P1 to A item 13 on your tax return
- your NET INCOME OR LOSS FROM BUSINESS amounts from Y and Z item P8 to B and C item 14 on your tax return.