HelenC12
Expert Alumni

Get your taxes done using TurboTax

Answer, no, you did not stop your business in 2020. Answering no will keep all your babysitting information in TurboTax so the information will carry over to future returns.

  • Your babysitting business is a "going concern". The going concern principle is the assumption that an entity will remain in business for the foreseeable future. 

 

 

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