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Level 4
March 17, 2025
Question

What does "method used to value closing inventory" mean for non employee who just works for business. Nothing paid into business. Also checked "manually participated" , is that correct

  • March 17, 2025
  • 1 reply
  • 5 views
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    1 reply

    JohnB5677
    Level 15
    March 17, 2025

    Please clarify your question.

     

    • If you are an employee, why are you preparing a business return?
    • Are you trying to file a personal tax return?
    • What TurboTax software package are you using?

    Please contact us again to provide some additional details. 

     

     

     

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    Level 4
    March 17, 2025

    I got a 1099 NEC and turbo tax is having me do a schedule C  thanks

    Level 4
    March 17, 2025

    It has me on premium addition and yes for a personal tax return