Business Tax Information on Your Personal Tax Return
With most small businesses, the income you receive from your business goes directly to your personal tax return. That means that the profits from the business you receive each year must be reported and paid as part of your total personal income on your personal tax return.
Original Article Source Credits: The Balance , https://www.thebalancesmb.com/
Article Written By: JEAN MURRAY
Original Article Posted on : December 01, 2019
Link to Original Article: https://www.thebalancesmb.com/schedule-c-or-schedule-k-tax-returns-397695