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.
>
>
>
>
>
>
>
>
>
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.
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
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.