b_scott003
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Even if the W-2 income is from another company not associated with the sole proprietorship?
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Ok, so in general. I have $10,000 profit from the Sole Proprietorship and $100,000 w2 income from another full-time job. My taxable income is currently $110,000...
Activity Feed for b_scott003
- Posted Re: Can a section 179 equipment purchase that generates a loss for the sole proprietor be rolled over into the owner's W2 wages reducing their overall AGI? on Business & farm. December 31, 2020 8:57 AM
- Posted Re: Can a section 179 equipment purchase that generates a loss for the sole proprietor be rolled over into the owner's W2 wages reducing their overall AGI? on Business & farm. December 31, 2020 8:43 AM
- Posted Can a section 179 equipment purchase that generates a loss for the sole proprietor be rolled over into the owner's W2 wages reducing their overall AGI? on Business & farm. December 31, 2020 8:24 AM
- Posted Do I have to pay capital gains taxes if I sell land off my primary residence (appraised at $32k) now for $80k? If so, what is the typical tax rate? lived there 11 months on Investors & landlords. May 31, 2019 6:32 PM