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mcruz3
New Member

I am trying to amend my tax return to file my business, how do i file a loss in the amendment?

how do you file a loss on the amendment?
2 Replies
leeloo
Level 5

I am trying to amend my tax return to file my business, how do i file a loss in the amendment?

What type of business? What type of loss? If you have a sole-proprietorship,you will have a loss if expenses are more than your income.

VolvoGirl
Level 15

I am trying to amend my tax return to file my business, how do i file a loss in the amendment?

Fill out Schedule C.   Enter your gross income and expenses.  Turbo Tax will calculate the gain or loss.  

Where to enter schedule C

https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-schedule-c/00/26092

 

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