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New Member
posted Jun 1, 2019 8:49:58 AM

Can I deduct salary on a schedule C

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1 Replies
Intuit Alumni
Jun 1, 2019 8:50:00 AM

You can't deduct any payments you've made to yourself as salary on Schedule C -- this is considered "draw," and you can't make any adjustment for it.

You can, however, deduct the wages of any employees that your Schedule C entity has paid.

Please see "Line 26" in the 2018 Instructions for Schedule C for more information.