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Business Expenses vs. The Standard Deduction
I am filing the required Schedule C-EZ form for my very small business, plus I believe I must also include a mandatory 1040 form. My question is that "I don't have that great amount of business expenses" so is there any way for a small business to take the Standard deduction? ..or is it only actual Business expenses allowed?
‎November 14, 2019
10:17 AM