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
Level 2
posted Jun 1, 2019 6:17:43 PM

Delete Schedule C?

I did not operate my business any more starting in 2018. Can I just delete the Schedule C and business or should I indicate on the Schedule C that this business and all assets were disposed of Jan1, 2018?

0 1 275
1 Replies
Expert Alumni
Jun 1, 2019 6:17:44 PM

Yes. I'd recommend you file a "final return" for your business and dispose the assets rather than just deleting the Schedule C.