Item 1.7.5
1.7.5 Negative calculated personal income from a sole proprietorship in other business which can be coordinated with remuneration from work from KS, ANS etc.in other business (taken from item 1.21 in form RF-1224)
How to fill in the item, if you submit your tax return in Altinn. Applies to the income year 2022.
Under this item, you must enter negative calculated personal income specified in form RF-1224. Negative calculated personal income can be coordinated with remuneration from work from KS, ANS etc. when the applicable conditions are met.
Does this item concern me?
The item concerns everyone who runs a sole proprietorship with a negative calculated personal income in "Other business" (RF-1221).
It requires that the conditions for coordination are met (Section 12-20-1 of the Norwegian Ministry of Finance's Regulations pursuant to the Tax Act (FSFIN); see Section 10-42-3). See the guidelines in form RF-1224.
How do I enter this in my tax return in Altinn?
Under this item, you enter the amount from item 1.21 in form RF-1224.
Documentation requirements
You do not have to send us any documentation, but you must be able to present documentation if we ask for it.