☰
✕
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
Level 2
posted Sep 15, 2019 5:26:30 PM

How do I enter my Scedule C for my small business. I did not have any sales in 2018. No activity. Thanks

0 4 1051
4 Replies
Level 15
Sep 15, 2019 5:41:01 PM

If you had no income, no expenses and no assets being depreciated then you do NOT need to file a Sch C on the personal return. 

Level 2
Sep 15, 2019 6:56:46 PM

Thank you. I am then wondering if I should not have upgraded to file with small business.

Do you have any idea about that?

Level 15
Sep 16, 2019 5:12:03 AM

You can use the SE program even if you will not file a Sch C ... to downgrade to a lower version will require you to clear everything and start again.

Level 15
Sep 16, 2019 8:46:16 AM

With the online version of the program, if you will be claiming *any* business expenses, then you *have* to use the Self-Employed version.

With the Cd/Desktop program, you can use the Premier version of the Home & Business Version to file a full SCH C and claim your business expenses.