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I would like to change my business to a hobby?
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June 6, 2019
7:58 AM
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Get your taxes done using TurboTax
If you would like to change the business income you have listed on Schedule C to hobby income in TurboTax, you will first need to delete the Schedule C (and any related worksheets), then add the information in the hobby section.
To remove Schedule C
- Login to your TurboTax online account
- Click Take me to my return or pick up where I left off
- Click Tax Tools (located in the left side bar), then Click Tools
- Click Delete A Form in the Tools Center pop up box
- Click Delete next to the Schedule C in the Review Forms List Screen (you may have to scroll down)
To add Hobby Income
- While logged into your account
- Type the words Hobby Income, loss in the search box (located in the upper right hand corner)
- Click the Jump to Hobby Income, loss link that appears in the search results
- Continue with the onscreen instructions to add the hobby income
June 6, 2019
7:58 AM