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February 6, 2023
Question

After 2022 I will no longer claim farm income/loss. How do I discontinue filing Schedule F and self-employment on turbotax?

  • February 6, 2023
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February 6, 2023

When you begin prepare your 2023 tax return next year, TurboTax will ask a series of questions such as whether you still have income from various sources. You can answer "no" to any that apply. Be sure to report the sale of any business assets on the appropriate year's return. See this article for more information,

 

Depending on your other needs, you might choose a different TurboTax product for next year. See here for this year's options for online products.

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