Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Oct 30, 2019 4:51:00 AM

How do i change professional income to business income without reentering my information?the program keeps defaulting to T2125 P and I can't switch it to business.

0 6 2896
1 Best answer
Level 5
Oct 30, 2019 4:51:01 AM

In TurboTax for Windows, the T2125 P for professional income and T2125 B for other types of businesses are separate forms.  Unfortunately you will have to clear the data from the T2125P and reenter it on the T2125B.

CTRL+F will bring up the form search window.  Enter T2125B in the search  so that the T2125B becomes the first result

6 Replies
Level 5
Oct 30, 2019 4:51:01 AM

In TurboTax for Windows, the T2125 P for professional income and T2125 B for other types of businesses are separate forms.  Unfortunately you will have to clear the data from the T2125P and reenter it on the T2125B.

CTRL+F will bring up the form search window.  Enter T2125B in the search  so that the T2125B becomes the first result

New Member
Apr 5, 2021 5:47:58 AM

You can get the form to default to general business as long as you don't check any of the boxes for professional, fishermen, or other when you select 'self-employment'.  I think you may still be have to re-enter your data. the program will create a second 'business' form.  You can go in and delete the first business so that both are not included in your return.

New Member
Apr 25, 2022 8:01:30 AM

I can't believe it can't be programed so a change is easily made. What are we paying for?

Intuit Alumni
Apr 29, 2022 11:23:25 AM

Unfortunately, you will need to start a new business and delete the professional one when done. The information will need to be reentered.

 

Thank you for choosing TurboTax.

New Member
Apr 30, 2023 6:07:36 PM

I agree there needs to be a way to do this, OR, EVEN BETTER, make it easier to distinguish what type of business we are at the start.  I'm a part-time renovator.  You'd think it would be obvious what category I should be in, but I don't find it obvious at all.

 

Moderator
May 3, 2023 1:23:08 PM

@AK78 

I have passed on your comments & suggestions to our product development team.

Thank you for your input.