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koegtt66
Level 1

End of Service Contract

Filing jointly. My wife had a service contract in place for the 2017 and 2018 tax season.

It was ended in 2018. Using TurboTax for 2019 and all the references are there for the business items and schedule C info. I have $0 for all that but the review picks up on it as all missing information.

How can I remove all references to it?

Thanks in advance!

1 Best answer

Accepted Solutions
AlanT222
Expert Alumni

End of Service Contract

Follow these instructions to delete a business that transferred over from your 2018 return but is no longer owned by you as of January 1, 2019.

Instructions

  1. With your return open, search for business (schedule c). Be sure to include the parentheses.
  2. Select the Jump to link in the search results.
  3. On the Your 2019 self-employed work summary screen, select the trash can icon next to the defunct business.
  4. Answer Yes, delete this info to confirm the removal of all business-related forms.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
AlanT222
Expert Alumni

End of Service Contract

Follow these instructions to delete a business that transferred over from your 2018 return but is no longer owned by you as of January 1, 2019.

Instructions

  1. With your return open, search for business (schedule c). Be sure to include the parentheses.
  2. Select the Jump to link in the search results.
  3. On the Your 2019 self-employed work summary screen, select the trash can icon next to the defunct business.
  4. Answer Yes, delete this info to confirm the removal of all business-related forms.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

Critter
Level 15

End of Service Contract

 
Critter
Level 15

End of Service Contract

Since you did not mark the Sch C closed in 2018 then you have to close it as of 1/1/2019 to get rid of what was transferred in. Follow the instructions in the other answer. 

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