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reyesaixa
New Member

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 Reply
AmyC
Employee Tax Expert

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

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.

 

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