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New Member
posted Mar 4, 2020 12:58:16 PM

How do i pay for my time in a self employed business

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1 Replies
Expert Alumni
Mar 4, 2020 1:13:08 PM

If you are a sole proprietor operating a business, you cannot pay yourself. Your remuneration is the net profit of your business on which you will pay income tax and self-employment tax.