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Returning Member
posted Jun 1, 2019 9:39:37 AM

Does a 100% owned veteran small businesses pay taxes on it's income?

I own 100% of a for profit s-corp small business and am a disabled military veteran. Do I pay taxes on income generated from the business?

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1 Replies
Intuit Alumni
Jun 1, 2019 9:39:39 AM

Yes. There is no provision that excludes anyone from paying tax on this income.