I owned a business until August of 2018. I did not pay myself for the entire year of 2018, as the money was put back into the business. Is it worth mentioning?
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I owned a business until August of 2018. I did not pay myself for the entire year of 2018, as the money was put back into the business. Is it worth mentioning?
I owned a business until August of 2018. I did not pay myself for the entire year of 2018, as the money was put back into the business. Is it worth mentioning?
If your business was a Schedule C, including an LLC, you do not pay yourself. The business is identified with you, included on your personal return, rather than a separate entity. Your profit is considered your payment to yourself.