MaryK4
Employee Tax Expert

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Follow these steps to close out the business:  How do I delete a prior-year Schedule C business  

 

A sole proprietor, someone who owns an unincorporated business by themselves – must take certain actions if they want to close their business. They must file final forms and schedules whether they've been in business a few months or many years. See Closing a sole proprietorship | Internal Revenue Service

 

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