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Business & farm
@brettjns What type of business was the other business that you think is the phantom business?
If it was a Schedule C business, you'll need to properly "dispose" of this business. See the info I'm linking below to delete a Schedule C that transferred over?
How do I delete a prior-year Schedule C business that transferred over?
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
March 5, 2022
7:41 PM