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I own an S Corp but am being asked to complete Schedule C
I am the sole owner of an S corp (new this year). My understanding is that a Schedule C is not required for S corps, but TurboTax keeps listing my business under Schedule C businesses and asking me to enter information for the Schedule C. (Maybe this is happening because I originally began entering information about my S corp as self-employed by mistake...I realized that mistake and have since deleted it).
Am I correct that I do not need to complete the Schedule C?
If I am correct, how do I remove/get around this on TurboTax? I checked the box that says "Do not report this business on this return." but it still seems to be appearing under the list of Schedule C businesses.
Thank you for any help.
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March 6, 2024
8:19 PM