KristinaK
Employee Tax Expert

After you file

Sign in to your TurboTax account.

Under Federal, go to Income and Expenses

Then select Self-employment income and expenses.

Click Review next to your business.

 

On the page here's your [name] info, scroll down till you see Uncommon situations.

Click Edit. 

You will get the below page. If I have money invested in this business that I am not at risk is checked, your losses will be limited. 

 

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