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Business & farm
One more thing ... if you used the 2022 program to complete a 2022 return you MUST start a new file for the 2023 return and enter everything fresh ... you will NOT be able to transfer the 2022 info into the mock 2023 return. I highly recommend you file the extension and wait for the 2023 program to be available in January OR wait until 12/31 to formally close the business even if you stop working it in May. Keeping the business checking account open a while after the operation ceases is always wise as there always seems to be some item or income/expense that shows up late.
‎June 19, 2023
6:19 PM