How do I file my taxes as a sole proprietor 2024?
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Studied at Stanford University, Lives in Palo Alto. Entrepreneur in the tech industry, specializing in software development.
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.)
2023-05-14 00:38:50
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Dominic Young
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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.)