I'm going through the TurboTax Home and Business 2024 Windows application. I've entered my income and expenses for my side business, for 2024. That's taken me to a page that says:
Let's cover some uncommon situations
<My Side Business Name is here>
- The business income of<a negative amount is here) needs to be adjusted. (Learn more link)
- Deductions from other topics are related to this business (Learn more link)
- This business received Form 1099-PATR
The preceding bullets are, in the TurboTax form, checkboxes.
Addressing the last one, I didn't get a Form 1099-PATR.
The second one doesn't seem to apply at all.
The first one is negative because I spent more on my side business than I earned in 2024. I read the "Learn more" link, and none of what was there applies to me or my side business. Am I supposed to check that checkbox anyway?
