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I clicked "not at risk" instead of "at risk on my self employed form. How do I change it. In the search I am directed to go to the Business Tab?
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I clicked "not at risk" instead of "at risk on my self employed form. How do I change it. In the search I am directed to go to the Business Tab?
The BUSINESS tab is located in TurboTax Home & Business CD/Download.
If you are using TurboTax Self-Employed Online, to review or edit entries related "not at risk" for self-employed business(es) reported on Schedule C, please review the following instructions:
- If you are using TurboTax Online, sign in to the appropriate TurboTax account and select Take me to my return.
- In the upper right corner, type "schedule c" in the Search box and then select the "Jump to" link in the search results.
- On the Here's XXX's info screen, under Uncommon situations, select Edit on Carryovers, limitations, at risk information, etc.
- On the Do you have any of these other business situations? screen, ensure you do not have the following box checked: 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. See attached screenshot.
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