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Business vs Independent Contractor
I am a realtor/broker, working for a real estate company as an independent contractor. Under Business Income and Expenses, Turbo Tax refers to the 'business' and asks if I am an active participant in the business? Is Turbo Tax referring to the company I work for or to my own independent contracting business? I have no employees. It's just me. I'm not incorporated ... not an LLC or a business. I don't have an EIC. Should my answer be 'yes' or 'no'?
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March 13, 2023
4:03 PM