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New Member
posted Apr 14, 2025 6:49:05 AM

What if I no longer have a business and want to remove it from my taxes?

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1 Replies
Expert Alumni
Apr 14, 2025 7:05:26 AM

A self-employment activity reported on Schedule C Profit and Loss From Business may be removed from your tax return.

 

In TurboTax Online, follow these steps:

 

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Wages & Income.
  • Click on the drop down arrow to the right of Self-employment.
  • Click to the right of Self-employment income and expenses.
  • At the screen Your 2024 self-employed work summary, select the Delete trashcan to the right.