Remove Schedule C from last year

Forum|Forum|7 years ago
June 1, 2019
4 replies
27 views

My wife was a consultant for the previous 5 years and we filed a Schedule C along with her 1099-MISC. 2015 was the last year she received any funds or participated in her own business. I am using TurboTax Deluxe this year to file and it imported data from last year's filing. I completed the wizard and during the Federal Tax finalization, it asked me about 5 questions on my Schedule C which I never entered. After answering the questions, my return lowered by about $300. I looked up how to delete the Schedule C, but I'm unable to find any information on it. I found a reference in your FAQ to close the Schedule C by going to Business Income, however, since I only purchased TurboTax Deluxe, I don't have a Business Income section. Can you help me resolve this question/issue?

TurboTax Deluxe Online

taxmantonyf

Level 2

I don't know for sure but I would suggest trying to go through the "Federal Taxes" tab, "Wages and Income" section, "I'll choose what I work on". As you scroll down you will see 2015 and 2016 amounts. When you get to the 1099-MISC click the Update button. Select the Delete button and get rid of that. Also go down to the Sch C and click the Update button there. Select the Detele button on that too. Good luck.

raymAuthor

Level 2

I found a 1099-MISC from last year and deleted it. My return amount didn't change... remember I said it decreased after answering the Schedule C questions. I then completed Federal and moved to State. During the state walk through, it asked me about the 1099-MISC and Schedule C after I deleted the 1099-MISC in Federal. The state gave me an option to mark not to use the Schedule C and mark the business as closed in 2015. Federal doesn't seem to have this option.