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February 23, 2025
Question

I work a full time job and I incorporated my business last year. (I made revenue, but not profit). Do I use the $250 service or that only for self-imployed?

  • February 23, 2025
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    February 23, 2025

    I incorporated my business last year.

     

    What kind of business did you incorporate?  Please clarify.

     

    Explain what form of business that you incorporated, S corp, C corp, partnership?

     

    The business form dictates how the revenue and profit/loss is reported.  

     

    The business form dictates how the business revenue and profit/loss flows to your personal IRS form 1040 income tax return.

     

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