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CMA3
New Member

I accidentally checked business not at risk. I can not get to Sch C to change it to at risk and can't change it under my business information links. Help?

how to change risk?
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1 Reply
KristinaK
Employee Tax Expert

I accidentally checked business not at risk. I can not get to Sch C to change it to at risk and can't change it under my business information links. Help?

Sign in to your TurboTax account.

Under Federal, go to Income and Expenses

Then select Self-employment income and expenses.

Click Review next to your business.

 

On the page here's your [name] info, scroll down till you see Uncommon situations.

Click Edit. 

You will get the below page. If I have money invested in this business that I am not at risk is checked, your losses will be limited. 

 

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