linda820pm
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Thank you, but as income I earned, why don't I have to report it on my income tax? Or do you mean I don't have to report I took a "draw" on my income tax? Thank...
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So, should I write myself a check and write "draw" on the lower part of the check where it says memo?
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Thank you so much for your thorough answer. I appreciate your help very much.
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Thank you so much for you help.
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Yes I file a Schedule C.
Activity Feed for linda820pm
- Posted Re: Withdrawing money from business checking account on Tax law changes. September 28, 2022 2:36 PM
- Posted Re: Withdrawing money from business checking account on Tax law changes. September 28, 2022 2:31 PM
- Posted Re: Withdrawing money from business checking account on Tax law changes. September 28, 2022 2:26 PM
- Cheered Re: Withdrawing money from business checking account for Laura_CPA. September 28, 2022 2:25 PM
- Posted Re: Am I able to withdraw money from my business account and transfer it to my personal account. I normally don't take a salary. on Tax law changes. September 28, 2022 2:24 PM
- Cheered Re: Am I able to withdraw money from my business account and transfer it to my personal account. I normally don't take a salary. for VolvoGirl. September 28, 2022 2:23 PM
- Posted Re: Am I able to withdraw money from my business account and transfer it to my personal account. I normally don't take a salary. on Tax law changes. September 28, 2022 12:20 PM
- Posted Re: Am I able to withdraw money from my business account and transfer it to my personal account. I normally don't take a salary. on Tax law changes. September 28, 2022 12:20 PM
- Posted Re: Withdrawing money from business checking account on Tax law changes. September 28, 2022 12:17 PM
- Cheered Re: Withdrawing money from business checking account for Laura_CPA. September 28, 2022 12:17 PM
- Posted Withdrawing money from business checking account on Tax law changes. September 28, 2022 11:26 AM
- Posted Am I able to withdraw money from my business account and transfer it to my personal account. I normally don't take a salary. on Tax law changes. September 28, 2022 10:17 AM
- Posted Thank you TurboTaxMikeT on Deductions & credits. June 1, 2019 11:41 AM
- Posted Can I deduct medical mileage to a DBT Group run by a counselor, if she says it is not covered under Medicare or Insurance? on Deductions & credits. June 1, 2019 11:41 AM