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February 24, 2025
Question

Where do I find this screen on 2024 Premier?

  • February 24, 2025
  • 1 reply
  • 0 views

Where do I find the screen  "Tell us about how long you've worked in [your business] " so I can tell the IRS that my business is closed? Also, I had previously fully depreciated a business vehicle, but have not disposed of it. I am using as personal vehicle now. How do I handle this? 

 

Thanks in advance!

SkyK

    1 reply

    February 24, 2025

    If you have no business activity in 2024, make sure you have all the records for your business (now personal) vehicle. Whenever you do dispose of the business vehicle or any other business assets it will be a taxable event.  Once you are confident you have all the records you need you can delete your Schedule C using the steps below.  Select the link for the TurboTax version you are using.

     

    You'll need to delete your form --------------------. 

    • If you're using TurboTax Online software and need to delete a form, click here.
    • If you're using TurboTax Desktop software and need to delete a form, click here.
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