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After you file
You can switch from self-employed to another version by clearing and starting over @ddnmrevans1994.
How do I clear and start over in TurboTax Online?
You will lose all your data if you clear and start over, so if you've already added something like a W-2, you'll need to put that in again.
Switching to a lower version will clear any self-employment information that's being carried forward from last year. For example, depreciation, if you wrote off any assets last year.
If you do self-employment work in the future, you'll have to put those assets in from scratch based on what was reported on your 2020 return. You may have to report any profit from the sale of business property if you sell it in the future.
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March 26, 2022
6:02 AM