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Get your taxes done using TurboTax
I know that I have to file form 1120 which will be a loss for this year. I plan to end my single owner C-Corp home-based consulting business next year as I will be 74 then and I am not expecting any new business. There will be some additional expenses next year plus this year's loss carry-forward. Can I declare the loss on my personal taxes? If so, how do I do it?
‎November 16, 2022
11:01 AM