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RE: Schedule C - somehow I accidentally entered my earnings into business expenses and it said I only have $250 due, it was on the Schedule C page-PLEASE HELP
How do I clear it so it can show the correct taxes owed? I most certainly owe more than $250
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June 29, 2020
11:52 PM
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Business & farm
Go back to the Schedule C entries and step through each section of expenses to try to find your error.
If you do not have any information carried over to your 2019 Schedule C from your 2018 return, you can delete the Schedule C and start again. This would not be a good idea if you are depreciating assets or had any other carryovers from 2018.
Use the following steps to go back to the Schedule C section to either edit your entries or delete the Schedule C:
- On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
- This opens a box where you can type in “schedule c” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
- The search results will give you an option to “Jump to schedule c”
- Click on the blue “Jump to schedule c” link
From here, either choose Edit or Delete beside the business name.
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June 30, 2020
8:07 PM