- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Since you have not closed your business, and just had no activity due to Covid-19, I would advise you to keep the Schedule C empty and file with zero income and zero expenses. As JamesG1 stated above, "If you expect to continue doing business in the future and simply had a year of inactivity, due to Covid issues, I would advise you to file with zero income. This will retain the continuity of the business for future purposes."
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 31, 2022
8:21 AM