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Business & farm
Your salary would be $50,000, you wouldn't deduct the HSA contribution from it.
Your distribution would be equal to the money you withdrew from the business, not including what you took from your salary.
The prior year loss on schedule M-2 on line 8 gets entered on line 1 on Schedule M-2 for the current year.
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‎April 8, 2022
5:29 AM