S CORP

Aug 30, 2007 1 Replies
T

I am a new business trying to understand .....Can a S corp deduct any business losses, if so is it Schedule E to line



17 of the 1040 (if used)? If so does a dollar limitation apply.

>
>
>
>
>
>
>
>
>
Vote
Twitter Facebook LinkedIn
B

An S corp is generally a pass through entity. Many items are separately stated. Accordingly, most limitations apply at the individual level. State treatment varies. ___________________________________

-----> real address on hobokeni or hobokenx

Vote
Twitter Facebook LinkedIn

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required