BillM223
Employee Tax Expert

Get your taxes done using TurboTax

If you are not depreciating an asset over several years (I doubt that you are), then yes, delete the business. Just make sure that you retain copies of what you entered in 2019 so that you can enter the same information (if still relevant) in 2021.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post