- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If you no longer have business income or expenses, you can 'dispose' of your schedule C business. Under the Business Profile, indicate that your business is disposed of for the tax year.
This will remove forms/schedules/worksheets for the business for the year and going forward. Also dispose of any listed assets that you might have. Depreciation will be calculated up to the disposal date and then removed.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 3, 2019
5:05 PM