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New Member
posted Jul 10, 2020 4:08:15 PM

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 Replies
Employee Tax Expert
Jul 13, 2020 3:31:05 PM

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.