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My husband had a stroke 3 years ago and we ended up closing the business last year. Do we still need to use the Home and Business version?

 
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My husband had a stroke 3 years ago and we ended up closing the business last year. Do we still need to use the Home and Business version?

No.  You can use any of the TurboTax desktop CD/Download editions.  If you have a state tax return then the Deluxe desktop edition would be perfectly suitable.

My husband had a stroke 3 years ago and we ended up closing the business last year. Do we still need to use the Home and Business version?

So, he closed it with the state we were living in but he did not close the business with federal. Does that matter?

My husband had a stroke 3 years ago and we ended up closing the business last year. Do we still need to use the Home and Business version?


@hurleysmummy-gma wrote:

So, he closed it with the state we were living in but he did not close the business with federal. Does that matter?


If he was reporting the business income and expenses on a Schedule C, there is no need to inform the IRS that the business is no longer active.

My husband had a stroke 3 years ago and we ended up closing the business last year. Do we still need to use the Home and Business version?

Okay, thank you.  That is exactly what we were doing.  I appreciate the help. 

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