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I opened an llc, i didn't take income but i had a profit at the end of the year and the money was a balance in the bank account. How do i report this?
I see how to add expenses, how do I add income? Should I be taking salary in the future? Will not taking salary this year cause me irs issues? doesn't the money in the bank at years end show as profit on my taxes?
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‎June 4, 2019
1:54 PM