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I got rejected because I said that I made $0 with my small business in 2020, that is simply because I was not open in 2020. I opened in 2021. Not sure what to do

 
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AliciaP1
Expert Alumni

I got rejected because I said that I made $0 with my small business in 2020, that is simply because I was not open in 2020. I opened in 2021. Not sure what to do

If you were not open and able to earn income in 2020, you should not file a business tax return for 2020.  You should change your return to remove the business and resubmit your 2020 return.

 

See Publication 334 - Tax Guide for Small Business for more information.

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1 Reply
AliciaP1
Expert Alumni

I got rejected because I said that I made $0 with my small business in 2020, that is simply because I was not open in 2020. I opened in 2021. Not sure what to do

If you were not open and able to earn income in 2020, you should not file a business tax return for 2020.  You should change your return to remove the business and resubmit your 2020 return.

 

See Publication 334 - Tax Guide for Small Business for more information.

**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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