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Deductions & credits
You say above that the money is equity and thus not taxable, but you don't say how to show it or haw to pay yourself back. My K-1 says the business made $45,000, but $30,000 of that was taken to begin to pay myself back. So how do I not pay taxes again on this money in my personal taxes?
‎June 4, 2019
6:45 PM