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March 6, 2020
Question

I have a S corp in 2019 which ended with a loss. I ended up taking a w-2 job where I had income, can I bring my s corp loss to my 1040 and apply against my w-2 income?

  • March 6, 2020
  • 1 reply
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1 reply

ColeenD3
March 6, 2020

You need to file a K-1S which will transfer your pass-through income/loss to your personal return.