Greetings,
I was in the process of finishing up my taxes on Turbo Tax when I ran into a snag. Turbo Tax (It says Turbo Tax premium) gave me the option to sign into my bank account to locate expenses that could be deductible for self-employment. I signed into my bank account, and the feature on Turbo Tax located a plethora of expenses that could be counted as deductible for my self-employment. This more than doubled my state and federal refund amount. I was ready to file my return, and Turbo Tax asked me to review some issues. I was asked to complete a question on the Schedule C regarding whether the investment was all at risk or some of it was at risk. I incorrectly answered the question, and it drastically decreased my state and federal refund. I've been trying to find out how to go back and correct the question. I've spoken with Turbo Tax, and I was told to use the "delete form option and delete the schedule C to try and re-prompt the question again. Unfortunately, this did not work. I also have tried to clear everything and start over, but this is disallowed because I filed my return and it was rejected, which forced me to refile. However, I merged my bank account to locate self-employment deductions AFTER the file was rejected. Please help! I want to file my return at the amount it was prior to my answering the "at-risk" question incorrectly. Thanks in advance!
