topic Delete Schedule C? in Business & farm

Delete Schedule C?

kbarrineau — Sun, 02 Jun 2019 01:17:43 GMT

I did not operate my business any more starting in 2018. Can I just delete the Schedule C and business or should I indicate on the Schedule C that this business and all assets were disposed of Jan1, 2018?

Yes. I'd recommend you file a "final return" for your bus...

JulieR — Sun, 02 Jun 2019 01:17:44 GMT

Yes. I'd recommend you file a "final return" for your business and dispose the assets rather than just deleting the Schedule C.