Question

I did not make any income from my business in 2021. I however had expenses. Can you please show me how to input 0 income for my schedule C in the income area. I will not

Forum|Forum|4 years ago
April 16, 2022
1 reply
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When I hit the start button on adding income, it will not allow me to set the amount to $0.00 and save it. So I want to know my options, just put $1.00 or something. I'm trying to be honest but turbo tax isn't allowing me to submit that my business took a complete loss in 2021. Please advise

TurboTax Self Employed Online

F

FangxiaL

If there is no income, do not enter anything. Just complete the expenses section. When you leave the income section blank, it will show as $0.00. Make sure you can substantiate all the expenses you enter.