Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 31, 2022 9:40:52 PM

I just started my business last year and did not make any money how do I file without 1099 forms?

0 2 741
2 Replies
Expert Alumni
Feb 1, 2022 5:24:24 AM

If you have self-employment expenses to claim from starting your business, but no income, you will need to file those expenses on Schedule C Business Income and Expenses.  Form 1099-NEC would not be required.

 

Use the following steps to go to the Schedule C section of your return to enter your information:

  • 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” 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

Be aware that you will need to use either TurboTax Online Self-Employed or one of the CD/downloaded versions of TurboTax to claim self-employment expenses.

Level 15
Feb 1, 2022 5:26:14 AM

When you make no money, there's nothing to file.