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Can you tell me how to correct my answer on Schedule C, line 32? I checked 32a but I meant to check 32b. How can I navigate there to make the correction?

 
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2 Replies
MaryK4
Employee Tax Expert

Can you tell me how to correct my answer on Schedule C, line 32? I checked 32a but I meant to check 32b. How can I navigate there to make the correction?

To indicate that your investment is at risk, follow these steps:

 

  1. On the "Your Self-Employed work summary" page, click Edit next to your business.
  2. Scroll down to Uncommon Situations (under the list of expenses) and click Edit or Start.
  3. Check the box that says: "I have money invested in this business that I'm not at risk of losing; that is, certain cash, property, or borrowed amounts that are protected from loss".
  4. Click Continue
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Can you tell me how to correct my answer on Schedule C, line 32? I checked 32a but I meant to check 32b. How can I navigate there to make the correction?

Thanks very much!

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