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I retired three years ago from my business as an independent contractor. I have received no money. Must I file for it

 
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IreneS
Intuit Alumni

I retired three years ago from my business as an independent contractor. I have received no money. Must I file for it

No - Since you are (were) a sole proprietor and had no income or expenses for the business you don't have to include Schedule C in your return.

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3 Replies
IreneS
Intuit Alumni

I retired three years ago from my business as an independent contractor. I have received no money. Must I file for it

You mean, file a return for your business?
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**Mark the post that answers your question by clicking on "Mark as Best Answer"

I retired three years ago from my business as an independent contractor. I have received no money. Must I file for it

Yes do I have to file for business or can I just do a personal return? I actually have no income to claim. I get compensation from the Veterans Administration for my husband who is deceased and SOC Security no other income.
IreneS
Intuit Alumni

I retired three years ago from my business as an independent contractor. I have received no money. Must I file for it

No - Since you are (were) a sole proprietor and had no income or expenses for the business you don't have to include Schedule C in your return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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