https://ttlc.intuit.com/community/tax-law-changes/discussion/am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2775852#M442 Tue, 10 Mar 2026 06:00:26 GMT linda820pm 2026-03-10T06:00:26Z https://ttlc.intuit.com/community/tax-law-changes/discussion/am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2775852#M442 Tue, 10 Mar 2026 06:00:26 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2775852#M442 linda820pm 2026-03-10T06:00:26Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2775859#M443 <P>Depends. &nbsp;Are you filing it as self employment on Schedule C or do you file a separate business return?</P> Wed, 28 Sep 2022 17:19:35 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2775859#M443 VolvoGirl 2022-09-28T17:19:35Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776124#M444 <P>I am an independent contractor.&nbsp; I file a 1040-SR and include what I earn on that return.</P><P>&nbsp;</P><P>&nbsp;</P> Wed, 28 Sep 2022 19:20:00 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776124#M444 linda820pm 2022-09-28T19:20:00Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776125#M445 <P>Yes I file a Schedule C.</P> Wed, 28 Sep 2022 19:20:53 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776125#M445 linda820pm 2022-09-28T19:20:53Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776134#M446 <P>Then yes. &nbsp;All the business accounts and income and expenses are yours personally. &nbsp;The Schedule C business is a disregarded entity. &nbsp;You can make deposits and pay expenses from your personal bank accounts. &nbsp;It's all yours.</P> Wed, 28 Sep 2022 19:25:32 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776134#M446 VolvoGirl 2022-09-28T19:25:32Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776301#M447 <P>Thank you so much for you help.</P> Wed, 28 Sep 2022 21:24:19 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-am-i-able-to-withdraw-money-from-my-business-account-and-transfer-it-to-my-personal-account-i/01/2776301#M447 linda820pm 2022-09-28T21:24:19Z