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April 6, 2023
Question

I accidentally chose the wrong Sch C. How to change back to: all invest. at risk?

  • April 6, 2023
  • 1 reply
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1 reply

April 6, 2023

Return to Wages and Income and:

 

  1. Click on Review/Edit for Self-employment income and expenses. 
     
  2. Select the first to be corrected from the list on Your 2022 self-employed work summary.
     
  3. At the bottom of the summary screen click on the Edit button for Uncommon Situations.

 

Unselect the box for I have money invested in this business that I'm not at risk of losing; that is, certain cash, property, or borrowed amounts that are protected from loss.
And select the box for None of the Above, if that is correct. 



Then, repeat for the other Schedule C that needs to have the box selected.