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Level 2
February 28, 2022
Question

Can't find 'Stopped Work in 2021' on the digital document after filing through TT.

  • February 28, 2022
  • 3 replies
  • 21 views

I have filed through TurboTax. I checked the box for 'Stopped Work in 2021' with regard to dissolving an LLC, but can't can't that info on the digital document I downloaded after filing. Anyone know where that checkbox ends up on the actual form?

3 replies

ColeenD3
Level 15
February 28, 2022

It doesn't. Not every entry you make ends up on a tax form. Much of the information is used to pull up additional screens that you may need, based on the information entered.

Level 2
February 28, 2022

Thanks Coleen!

Just one follow-up question. How will the federal gov't know I dissolved my llc last year and will no longer be filing for it?

ColeenD3
Level 15
March 1, 2022

If you have a Schedule C business, you don't need to worry about it. It is a disregarded entity and the IRS treats you and your business as the same.