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I am dissolving my LLC with this return. How do I notify on 1040 or Schedule C that this is the final return with the business?
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I am dissolving my LLC with this return. How do I notify on 1040 or Schedule C that this is the final return with the business?
To dispose of your single member LLC business in TurboTax:
- Type sch c in the search box and click search.
- Click on Jump to sch c.
- Edit the business you are disposing.
- Click on Business Profile.
- On the Let's confirm your business info screen, scroll down to Disposed of Business in Current Year.
- Continue with the onscreen interview.
See the screenshots below.
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