Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
rbrowningwhite
New Member

I was self-employed for 10 yr. In 2017 I didnt work (no income or 1099-MISC) I had no business expenses. Why does TT want a Sched C? It's showing a loss of approx $200.

I worked a regular (W2) job in 2017 and did not do any work for my home-based business. I had zero income (no 1099-MISCs), and I had zero expenses. 
TurboTax is "requiring" me to file a Schedule C. It's showing a loss of approx -$200

1 Best answer

Accepted Solutions
JulieR
Expert Alumni

I was self-employed for 10 yr. In 2017 I didnt work (no income or 1099-MISC) I had no business expenses. Why does TT want a Sched C? It's showing a loss of approx $200.

The loss showing on the transferred Schedule C may be due to calculated depreciation. Since the Schedule C does not apply to your 2018 return and to prevent it from showing up in your return you should delete the form. The easiest way to do this is to switch to the Forms view (Ctrl+2), click Open Form, and search for Schedule C, highlight it and click Open Form. When the form populates in the main window, click "Delete Form" at the bottom of the screen (be sure to delete any sub-forms relating to the Schedule Cbefore deleting the main form).

View solution in original post

1 Reply
JulieR
Expert Alumni

I was self-employed for 10 yr. In 2017 I didnt work (no income or 1099-MISC) I had no business expenses. Why does TT want a Sched C? It's showing a loss of approx $200.

The loss showing on the transferred Schedule C may be due to calculated depreciation. Since the Schedule C does not apply to your 2018 return and to prevent it from showing up in your return you should delete the form. The easiest way to do this is to switch to the Forms view (Ctrl+2), click Open Form, and search for Schedule C, highlight it and click Open Form. When the form populates in the main window, click "Delete Form" at the bottom of the screen (be sure to delete any sub-forms relating to the Schedule Cbefore deleting the main form).

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~