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Get your taxes done using TurboTax
Go to Business>Business Income and Expenses>Under "Business Income and Expenses" Select Update for "Profit or Loss from Business">Edit> this should bring you to the screen that you can update business info, and write off expenses. If your expenses are already greater than the income combined there will show a zero by Profit and Loss or a negative number. It will show 0 on the 1099K part because it carries over to Business Profit and Loss, and the expenses under that; your Schedule C.
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‎February 6, 2023
7:52 PM