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New Member
posted Jun 7, 2019 4:09:45 PM

I need to edit my business profile on TT. How do I do this using the Deluxe version of TT---not the Home & Office Version?

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1 Best answer
Level 15
Jun 7, 2019 4:09:45 PM

Using the Deluxe desktop edition -

  • Click on Federal Taxes 
  • Click on Wages and Income
  • Click on I'll choose what I work on
  • Scroll down to Business Items
  • On Business Income and Expenses (Sch C), click on the start or update button

8 Replies
Level 15
Jun 7, 2019 4:09:45 PM

Using the Deluxe desktop edition -

  • Click on Federal Taxes 
  • Click on Wages and Income
  • Click on I'll choose what I work on
  • Scroll down to Business Items
  • On Business Income and Expenses (Sch C), click on the start or update button

New Member
Jun 7, 2019 4:09:48 PM

This does not work on the Deluxe Version.

Level 15
Jun 7, 2019 4:09:48 PM

The Deluxe desktop edition has the same sections as the Premier edition which is what I am using.
Are you saying the Deluxe edition does not have a Business Items section under Wages and Income?

Level 15
Jun 7, 2019 4:09:50 PM

Or are you seeing the program recommending you upgrade to Home and Business edition?  If that is what you are seeing, then that is only a recommendation and Not a requirement.  Just continue using the Deluxe edition.

Level 15
Jun 7, 2019 4:09:51 PM

Please confirm you are using the Desktop Deluxe program and not the Online web based version.

New Member
Jun 7, 2019 4:09:53 PM

There is a Business Items section under Wages & Income.  I click on Business Income & Expenses (Sch C).  There is no place to update my business profile to indicate that I sold the business on 10/4/17.

New Member
Jun 7, 2019 4:09:55 PM

I am using the Desktop Deliuxe Program.

Level 15
Jun 7, 2019 4:09:58 PM

After the section for entering a Form 1099-MISC and the section for Other Income not Reported on a 1099-MISC the following screen Tell Us More About Your Business has a check box to select if you sold the business in 2017.

See Screenshot