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I own 100% of my S-corp and pay myself a salary and pay taxes
I also take cash out thru out the year
this year I took 38,352.00 but also had to transfer back 9500.00 thru out the year to cover the unforeseen cost
where does this go on the K-1
What is it truly classified as and do I pay taxes on that money on my personal taxes
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‎July 15, 2019
8:31 AM