☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 12:31:21 AM

Can I file Schedule C for my consulting business even though I did not have any revenue this year?

0 1 223
1 Best answer
Expert Alumni
Jun 6, 2019 12:31:24 AM

If you had no revenue but have ordinary and necessary expenses to claim for your business then you should file Schedule C.

If you had no revenue and no expenses, you do not need to file Schedule C as this has no impact on your taxes.

1 Replies
Expert Alumni
Jun 6, 2019 12:31:24 AM

If you had no revenue but have ordinary and necessary expenses to claim for your business then you should file Schedule C.

If you had no revenue and no expenses, you do not need to file Schedule C as this has no impact on your taxes.