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New Member
posted Mar 15, 2022 9:34:04 PM

How do I change from self-employed to a 1040 without losing all my 2021 entries? I closed the business in January and have no self employment to report in 2021.

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1 Replies
Employee Tax Expert
Mar 16, 2022 4:41:29 AM

You cannot downgrade to a lower version of TurboTax without clearing and starting over. However, by clearing and starting over, you will lose all the information entered thus far.

 

If you are no longer self-employed, however, you can delete your Schedule C from your return. 

 

To delete your Schedule C, please follow the instructions below:

  1. Open your return. 
  2. Search for Schedule C with the magnifying glass tool on the top of the page.
  3. Select the Jump to Schedule C link in the search results.
  4. If you get to a self-employment summary screen, delete the self-employment income line with the trash can icon. Otherwise, select No to the question Did you have any self-employment income or expenses? 
  5. Click on Tax Tools on the left-hand side. 
  6. Click on Tools.
  7. Click on Delete a Form
  8. Scroll down to your forms and look for form you need to remove (Schedule C) and click Delete