If I stopped using a business vehicle before 7/1/2022 why won’t it let me enter zero miles.

[AnnetteB6 · Accepted solution]

Try leaving the field for the second half of the year blank, without even entering a zero, since the vehicle was not used at all during the second half of the year.

There is similar guidance when a vehicle is placed in service during the second half of the year -- the field for miles in the first half must be left blank, without entering a zero, or an error message appears.

[pcwill]

Ok that seemed to work but now it wants a QBI worksheet name/link.  Where do I find this? I had firm 8995 from last year.  Why didn’t it transfer over? I basically stopped being an independent r contractor so trying to get rid of all these carry overs etc.  

[pcwill]

In addition to the QBI worksheet then it makes my risk really high because it now produced a schedule C etc.  Can I just delete my independent status along with vehicles & home office and not carryover any huge losses from the previous year?

[PatriciaV · Accepted solution]

If you have closed your self-employed business, you should file a final Schedule C this year. Don't delete anything. Instead, go through the TurboTax interview for the Business Profile. On the page "Tell us about your business," check the box for "I sold or disposed of my business," but not via a sale. Your carryover losses should be available to offset other income on your return.

Choose one date as the date you closed your business and use that for all questions about when you stopped.

Since you have a home office and vehicles, you'll need to report that you stopped using them for business as well. On any page for "Special Situations" or "converted to personal use," check the box for these options (no sale). 

Enter any income and expenses for the portion of the year when your business was active.

Schedule C will be included with your return this year but should not carry over to next year.

[pcwill]

It’s asking for my QBI wksht.  Why wasn’t this transferred from last year’s?

[pcwill]

Why doesn’t it instruct you to just leave it blank? Or better yet accept a zero as also meaning blank. What the heck is the difference?  That should be simple coding for sure.  This year I found the program to be a bit frustrating to work through.  I did my return a second time (just to double check myself) and there were obstacles that came up that didn’t come up the first time when entering my 1099-NEC’s.  And, the first time I did not have any errors so it wasn’t asking me to fill in these new fields.  What if I hadn’t gone back and did my return a second time? It’s bad enough having to do this, but it’s alarming to find that it acts differently just about every time you go back in day after day until you feel ok to transmit.