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If we are now officially divorced, why does it matter if he continued his business?

 
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2 Replies
JulieS
Expert Alumni

If we are now officially divorced, why does it matter if he continued his business?

If you are divorced and you are not involved in his business, it doesn't matter,

 

You may be asked some questions about it if you are using the same account that the business was reported in last year. You can delete the business if you don't need it.

 

If you are using TurboTax Online:

  1. From inside the return, scroll down to Tax Tools on the bottom of the left side menu.
  2. Select Tools.
  3. Click on Delete a form (third on the list at the bottom of the screen).
  4. Find Schedule C on the list of forms.
  5. Click Delete to the right.
  6. Confirm your Delete.
  7. Click Continue in the lower right.
  8. If you have a state return, check for a Schedule C under your state as well. 
  9. Click Continue with my return.

If you are using the Desktop version (disc or download):

  1. Click Forms toward the upper right corner. 
  2. Find Schedule C on the list on the left.
  3. Highlight it, then click Delete in the lower left corner of the reading pane.
  4. If you have a state return, check for a Schedule C under your state as well. 
  5. Click on Step by Step in the upper right corner to return to the interview.

 

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If we are now officially divorced, why does it matter if he continued his business?

what year was it official? if 2022 you may have some 2021 reporting requirements if you shared in the business.

 

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