How to answer question 32 on the Schedule C 1040 form

rdoherty24 · ‎April 15, 2026

AmyC

If you have a loss, you answer line 32. It has two boxes. Either you put money into the business and are at risk of losing the money or only some of your investment is at risk because you have loans with limited repayment - maybe only the business equipment but not your personal account.

For most people, it is al at risk.

If you need extra time, filing an extension by April 15, 2026, moves your submission deadline to October 15. But remember any taxes owed are still due in full by the original April 15 date. Pay through either Direct Pay or your individual online account

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VolvoGirl

To change the Schedule C line 32 At Risk box, See answer on this post 2/7/26

https://ttlc.intuit.com/community/business-taxes/discussion/schedule-c-at-risk-form/00/3763171

If you don't know what it means then probably All your Investment is at Risk (check Box 32a). Answer Yes. It means you are using your own money for the business.