turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

LR1981
New Member

If I'm filing an amended return, is it best to not remove any income? My issue is that with multiple income streams, my expenses are equal or greater than my income.

I did not have time to calculate expenses when I initially filed so now I am going back. I need to know if it is frowned upon to totally remove a certain stream of income (even if expenses exceed income).
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

If I'm filing an amended return, is it best to not remove any income? My issue is that with multiple income streams, my expenses are equal or greater than my income.

Are you talking about different schedule Cs?   If you removed the income then where would you move it to?  A different schedule C?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question