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Get your taxes done using TurboTax
YES ... when you filed the 2021 return and knew you were not going to have the Sch C business in 2022 you should have indicated the business was closed so the Sch C info would not have been carried to the 2022 program. So you may also need to delete the Sch C as well to remove the 8995 ...
- With your return open, search for this exact phrase: business (schedule c) (include the parentheses) and then click the "Jump to" link in the search results.
- Answer Yes when asked if you had (or want to work on) business income and expenses for 2022.
- That's right – you'll need to answer Yes, even though it doesn't make sense.
- If you're being forced to upgrade to Home & Business, contact us for further assistance.
- When you get to the Business info or Business Summary screen, click Delete next to the defunct business.
- Answer Yes to confirm the removal of all business-related forms.
January 16, 2023
5:53 PM