bobnogg2c
Level 2
Member profile
CPA: tax practioner for over 40 years.
- Replies
- Posts
-
I believe you are correct. Paying into state under SALT does reduce your federal liability.
-
you will need to add Schedule C to your tax return. It is available with some Turbo Tax products.It will allow you to enter the income you received from busines...
-
You must include form 3804 and voucher 3893. California requires you to pay in 9.3% of partnership allocated income for each partner. Each partner must accept/r...
-
Hi:Add Schedule C to your return. Enter any income and expenses as indicated on schedule.The loss will reduce other income such a w-2 etc. and your tax includin...
Activity Feed for bobnogg2c
- Got Cheered for Re: California Pass-through entity (PTE) elective tax. April 6, 2023 7:52 PM
- Posted Re: California Pass-through entity (PTE) elective tax on Get your taxes done using TurboTax. April 6, 2023 3:26 PM
- Got Cheered for Re: California Pass-through entity (PTE) elective tax. February 28, 2022 7:59 PM
- Posted Re: PA Small (tiny) Business- Do I need to file for my small business if I lost more money than I earned? on Get your taxes done using TurboTax. February 28, 2022 5:09 PM
- Posted Re: California Pass-through entity (PTE) elective tax on Get your taxes done using TurboTax. February 28, 2022 4:21 PM
- Posted Re: PA Small (tiny) Business- Do I need to file for my small business if I lost more money than I earned? on Get your taxes done using TurboTax. February 28, 2022 2:48 PM