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.

1448

1 Best answer

Level 15

Oct 31, 2019 1:20:44 AM

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.

Level 15

Oct 31, 2019 1:20:44 AM

Why sign in to the Community?

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.