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Knipfty t1_jaaluq4 wrote

Reply to comment by chris886 in Taxes for a small business that I don’t plan on drawing income from? by chris886

But you need to have some payroll. No business runs without human input. So you need to take a reasonable salary.

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DeluxeXL t1_jaaool4 wrote

>So you need to take a reasonable salary.

For S corp and C corp yes.

For sole prop and disregarded entity, doesn't matter.

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