How much does a sole proprietor pay in taxes 2024?

Scarlett Davis | 2023-05-08 00:38:43 | page views:1151
I'll answer
Earn 20 gold coins for an accepted answer.20 Earn 20 gold coins for an accepted answer.
40more

Charlotte Murphy

Studied at Oxford University, Lives in London. Currently working as a corporate lawyer specializing in mergers and acquisitions.
As a sole proprietor you must report all business income or losses on your personal income tax return; the business itself is not taxed separately. (The IRS calls this --pass-through-- taxation, because business profits pass through the business to be taxed on your personal tax return.)
2023-05-13 00:38:43

Ethan Davis

QuesHub.com delivers expert answers and knowledge to you.
As a sole proprietor you must report all business income or losses on your personal income tax return; the business itself is not taxed separately. (The IRS calls this --pass-through-- taxation, because business profits pass through the business to be taxed on your personal tax return.)
ask:3,asku:1,askr:137,askz:21,askd:152,RedisW:0askR:3,askD:0 mz:hit,askU:0,askT:0askA:4