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Last year I worked freelance in the entertainment industry and then transitioned into a job in the same ind. I now receive a W2. How do I convey this change on the site?

Turbo tax keeps redirecting me to update my "self-employment" info but every job I worked last year in the industry had a w2
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1 Reply
VictoriaD75
Employee Tax Expert

Last year I worked freelance in the entertainment industry and then transitioned into a job in the same ind. I now receive a W2. How do I convey this change on the site?

You will want to report that you are not in business in 2019 and report the business as "closed" to the IRS.

 

In TurboTax Online, click on Income & Expenses. Click Edit next to the business name in Self-Employment. Click Edit next to General Info. The last option under General Info will be Stopped work in 2019. Click Edit and report the business as closed.

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