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New Member
posted Mar 20, 2024 11:31:14 AM

I inadvertently answered our business was closed but we had income from it, how do I get back to add the business so it asks me the right questions?

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1 Replies
Level 15
Mar 20, 2024 11:53:17 AM

To edit this information in TurboTax Online:

  1. Select Tax Home in the left pane
  2. On the Hi, let's keep working on your taxes! screen, select the dropdown to the right of Income & Expenses
  3. Select StartPick up where you left off or Review/Edit, as appropriate
  4. Scroll down and select the dropdown to the right of Self-Employment
  5. Select  Edit, Edit/Add or Revisit to the right of Self-employment income and expenses
  6. On the  Your 2023 self-employed work summary screen, select Edit beneath the relevant listed business
  7. On the  Here's your [business] info screen, select Edit below Business summary
  8. On the  Your [business] info screen, you'll see Edit links below Started work in 2023 and Stopped work in 2023.  Make any changes necessary using either of these links

If you’re self-employed and stopped doing this type of work, indicate that you stopped the business.  You'd also indicate you'd stopped the business if you owned the business and you:

  •     Closed your business
  •     Sold your business
  •     Lost your business in a fire or other disaster or
  •     Retired from your business