RE: the $ "at risk question," which for 2022 is Schedule C line i. I'm trying to UNCHECK the box, because it says, "check this box if some of your investment IS NOT at risk" - as it's all my money, I understand it's ALL at risk, but I can't UNCHECK the box. I go to FINE DETAILS under Business Income and Expenses, but when I try to fix it by checking NONE OF THE ABOVE, it stays STUCK on THIS answer: “I have money in this business that I am not at risk of losing; that is, certain cash, property, or borrowed amounts that are protected from loss” I’ve tried to go back to checking NONE OF THE ABOVE and UNchecking the other answer many times, but it doesn’t stay checked – any insights? Thank you! JJEM1
Did you have a loss this year? The at-risk question is triggered if you have a loss. Check to see if your return includes Form 6198. If so, you won't be able to check the box for "All investment is at risk" without deleting Form 6198.
If you are using TurboTax for Desktop, you can delete a form using Forms Mode. Open the form and click the Delete Form button in the form footer.
If you're using TurboTax Online, open your return and go to Tax Tools in the left column, Choose Tools >> Tool Center >> Delete a form. Click Delete next to Form 6198 and confirm.
Otherwise, you may need to upgrade to TurboTax Live so an agent can work with you via screenshare.