Can I deduct salary on a schedule C

tgogd — Sat, 01 Jun 2019 15:49:58 GMT

You can't deduct any payments you've made to yourself as...

JohnW15 — Sat, 01 Jun 2019 15:50:00 GMT

You can't deduct any payments you've made to yourself as salary on Schedule C -- this is considered "draw," and you can't make any adjustment for it.

You can, however, deduct the wages of any employees that your Schedule C entity has paid.

Please see "Line 26" in the 2018 Instructions for Schedule C for more information.

topic Can I deduct salary on a schedule C in Business & farm

Can I deduct salary on a schedule C

You can't deduct any payments you've made to yourself as...