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Business & farm
It depends. If you had no business activity in 2022, you may delete Schedule C from your return. However, if you didn't report that you closed your business on your 2021 return, you should include a final Schedule C this year. Then delete the Schedule C next year.
When you check the box for "I sold (or disposed of) my business" under Situations in the Business Profile, TurboTax will help you complete a final Schedule C.
See this article for other considerations when Closing a Business.
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‎April 17, 2023
6:15 AM