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Do I have to pay taxes on money I withdraw from my business account? (schedule K1 partnership
I pay myself 1200 a month on a payroll (same as my partner) to help grow the business but I would like to withdraw a little extra monthly in different amounts to help pay bills. Can I do this without running into issues and also do I have to pay taxes on every amount I withdraw?
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‎June 6, 2019
10:09 AM