@jay_chumley I know TT is working on this, but it's driving me nuts. 🙄
Sorry if I'm being redundant:
BEFORE YOU DO THIS, check to see if you have any carryover business losses that would apply to this year's return. I've prepared my husband's Schedule C for years, but have never had a business loss, so I have no experience with that.
Have you deleted the Schedule C that transferred over from last year? You can do that by using the instructions below:
How do I delete a prior-year Schedule C business that transferred over?
I think you may also have to delete your business profile entirely and start fresh. Create your new business profile, then select THAT new business profile to link to the new 1099-NEC.
Maybe this will solve the problem? Fingers crossed.
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
