You can delete the Form 2555 Foreign Earned Income by following these steps:
1. Choose the Tax Tools option on your left menu bar while working on your return
2. Choose Tools
3. Choose the Delete a form option under Other Helpful links
4. Find the Form 2555 in the list and delete it
You are at risk in a business to the extent you have money invested in it that you haven't recaptured. For instance, if you invested $10,000 in your business and it earned a profit of $5,000 in the first year, you would then be at risk for $15,000 in the business. If you then withdrew $15,000 from the business , you would be at risk for $0, since you recovered your original investment plus $5,000 that it earned.
Once your at risk goes below $0, you would say you are not at risk in the business. It matters because you can't deduct business losses once your at risk goes below $0.
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