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courtneyef06
February 4, 2023
Question

I am a Business Owner where do I put my tax deductions?

  • February 4, 2023
  • 1 reply
  • 0 views
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1 reply

AliciaP1
AliciaP1
February 4, 2023

It depends on how your business is structured. If you are a sole proprietor or a single-member LLC you will report on a Schedule C with your Form 1040 personal tax return.  

 

See How do I report income from self-employment? and What self-employed expenses can I deduct? for more information.

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