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Self employment tax on self funded business checking acct
Solo LLC
I opened Business checking acct funded by personal income. Put in $230 total.
No actual business revenue and I must close business and banking. Do I need to pay a self-employment tax on this money that I used to open the account?. --Since it was my personal savings, I have already paid taxes on it when I earned it years ago if I have to claim SE tax then I am paying taxes twice on the same money.
thanks
Topics:
‎September 11, 2023
3:38 PM