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jih400
jih400
New Member
posted
‎October 31, 2019 1:20 AM
last updated ‎October 31, 2019 1:20 AM

How do i remove a statement of business activities from previous report? The business has been closed last year and an amount of -5.58 is showing in my income.

The -5.58 amount is coming from an amortization of a capital purchase done in previous years.  

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TurboTaxKim
Moderator
Moderator
‎October 31, 2019 1:20 AM

How do i remove a statement of business activities from previous report? The business has been closed last year and an amount of -5.58 is showing in my income.

You can "delete" this business statement from the current year online TurboTax return by going to Income > Self-Employment > Self-Employment Summary. On that summary page you should see the business with the CCA on it which is causing the negative amount, and you can choose to "delete" it here.

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TurboTaxKim
Moderator
Moderator
‎October 31, 2019 1:20 AM

How do i remove a statement of business activities from previous report? The business has been closed last year and an amount of -5.58 is showing in my income.

You can "delete" this business statement from the current year online TurboTax return by going to Income > Self-Employment > Self-Employment Summary. On that summary page you should see the business with the CCA on it which is causing the negative amount, and you can choose to "delete" it here.

View solution in original post

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190
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