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New Member
posted Jan 20, 2025 5:37:55 PM

QBI at risk Op Loss. I didn't make an income or make expenses this year? How do I skip this? Turbo Tax won't allow me to put a "0" in the box

1040 schedule C

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1 Replies
Expert Alumni
Jan 22, 2025 1:41:20 PM

If you had no income or expenses, you don't need to file the sch C. QBI should be abated. If you have anything being depreciated, you can dispose of it- which gives you a loss or delete and keep track of the records where you are - in case you are still actively working and just had to take time off. You can enter the assets again if you do have the business next year.