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Level 3
posted Mar 3, 2021 2:08:26 PM

TurboTax Generating Long-Form Schedule C Rather Than C-EZ Despite Satisfying All Requirements

I'm using TT Home & Business to do my 2020 taxes.  I expected it to generate Schedule C-EZ, but it is generating the full long-form Schedule C.  I satisfy all of the following:

 

  • Had only one business as sole proprietor
  • Had business expenses of $5000 or less
  • Used the cash method of accounting
  • Did not have an inventory at any time
  • Did not have a net loss
  • Had no employees
  • Did not deduct home office expenses
  • Did not have prior year unallowed passive activity losses
  • TurboTax did not generate Form 4562 Depreciation and Amortization

Why is it not generating C-EZ, per the above requirements?

0 2 363
1 Best answer
Level 15
Mar 3, 2021 2:12:01 PM

There is no schedule C EZ anymore.  The IRS eliminated it in 2019.

2 Replies
Level 15
Mar 3, 2021 2:12:01 PM

There is no schedule C EZ anymore.  The IRS eliminated it in 2019.

Level 3
Mar 3, 2021 2:18:50 PM

Well...that would certainly explain it.  Thanks for the quick reply!