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February 12, 2022
Question

I am no longer self-employed I have a job now last year I was self-employed but due to covid

  • February 12, 2022
  • 1 reply
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I am no longer self-employed I have a W-2 plus I have daycare cost

1 reply

ColeenD3
February 12, 2022

If you have closed the business and have no expectation of filing that particular Schedule C in the future, I would advise you to not file the schedule this year. You can actually delete the Schedule C and all related worksheets, using the procedure below, so that it will not trigger unnecessary questions as you prepare your taxes in future years.

 

Enter your W-2 and daycare expenses as usual.

 

  1. Sign in and continue your return
  2. Select the magnifying glass and search for W-2
  3. Select the Jump to link
  4. Select Work on my W-2 and Continue
    • If you've already entered a W-2, select Add another W-2
  5. Enter your Employer Identification Number (EIN) from Box b on your W-2
  6. If your W-2 can be imported, you'll come to the Great news! We can automatically import your W-2 info screen. Answer the questions to complete your import.