2018272
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I started a small business in late 2020. The business did not have any income, sales for 2020 and still not opened yet. Do I still need to file a Schedule-C Form?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MinhT1
Expert Alumni

I started a small business in late 2020. The business did not have any income, sales for 2020 and still not opened yet. Do I still need to file a Schedule-C Form?

If your business was not yet active in 2020, did not have any income or expense to claim, then there is no need to file a Schedule C.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question