Anonymous
Not applicable

Business & farm

 a sole proprietor can not pay himself a salary so did you really file a W-2 and 941's. pay withholding, medicare and fica taxes?   if so, you have a mess on your hands.  your salary would not be deductible on schedule C nor reportable as wages on the 1040. Seek professional help to fix this.  There are many issues besides the QBI deduction. I advise not  filing your 1040 until this is cleaned up.     .


   Sole proprietors of businesses are not eligible to receive salaries, as it is prohibited by law. These small business owners thus do not receive W-2 forms. They can use the money in the business to pay personal expenses without adverse tax consequences. (not allowed to deduct personal expenses paid against business income.  

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