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April 13, 2025
Question

Where do I report the draws I received from my company? Is that the same thing as a Dividend?

  • April 13, 2025
  • 1 reply
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    1 reply

    LindaS5247
    April 13, 2025

    If you are filing a Schedule C for self employment/independent contractor then it is just a transfer from your business account to your personal account.  It is not a reported expense on your tax return.  


     

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