Question

How to remove any info in self-business or self employed profile. I closed my small business two years ago and something always comes up Like the neq business number

Forum|Forum|2 years ago
March 26, 2024
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How to remove any info in self business or self employed profile. I closed my small business two years ago and something always comes up Like the NEQ business #

G

GHarpe

You can use the Find icon at the top right and enter self-employment to review and delete/edit anything that may have been transferred from previous years. If you entered prior year information at the beginning of your return like your name, address, etc. it will also carry in any carry-forwards or information like past self-employment information. You may have to start a fresh return without automatically transferring your past information. By doing this, you will be able to start transferring from prior years when you do your return next year without any past self-employment information.

Thank you for choosing TurboTax.

J

joe5mpsAuthor

In the warnings review page the NEQ was displayed and I removed it.

I want to make sure the neq # is gone (erased)

Where can I find the NEQ section to be sure its removed

TurboTaxSusan

Yea, no that doesn't work. There is no information there.

I am being flagged as being self employeed because a T3 slip has a value in box 24. I am not self employeed. But TurboTax is forcing me to lie and specify that my business resides in ontario. This was the sanctioned answer from the tech support person I talked to. Seems like a big bug to me. I should never be lying to CRA.

As per CRA, T# Box 24 is Foreign business income and should be included line 13500 - (Net Self Employment income) of your return. So you need to fill out a T2125 self-employment form, which is why TurboTax won't let you delete it.

You can use your own address as your place of self-employment. Where do you do you do your accounting, taxes, storage of financial records, etc? Probably at home, so your home address is a valid location to use as your "place of business".