You need to select that you sold or disposed of it in TurboTax
- Under the business tab> business income and expenses> Profit or loss for business.
- Select the business that you want to eliminate and edit the information
- Business summary page select business profile
- Select "disposed of business in current year" and enter your information. Select "sold/disposed on business in 2015" even if you got rid of the business in a prior year. (You will need to select this option even though you actually closed it in 2013. This is because you haven't closed it with the IRS until you file a final Schedule C (see screenshot)
This will generate a final Schedule C for the current year and you should not have any more information about this business flowing through to next year.
