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Our business had no income or expenses this year it is a side business that we chose not to work on in 2016 what do we enter
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June 6, 2019
5:12 AM
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Business & farm
If you had no income or expense for your business in 2016, you do not need to enter anything as the business was not active in 2016.
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June 6, 2019
5:12 AM
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Business & farm
So do I delete the Business from Turbo Tax so we can use the personal Turbo Tax? Next Year there will be activity. Or do I put zero on the schedule C for income and expenses?
June 6, 2019
5:12 AM
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Business & farm
You do not file a Schedule C. Use only the Personal tab if you have no business to report.
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June 6, 2019
5:12 AM