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Old 03-10-2014, 02:18 PM
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My Corporate vs. Personal Tax Nightmare

Hi, I need some serious help here. My husband's business is a small C corp. He is the only person in the corporation. ( He needed to incorporate to purchase commercial property, otherwise it would of stayed good old DBA.). The corporation after write-offs is a loss - How do you put this on our personal taxes? I put it on as business income, so we are getting taxed twice? The more I research and read on the subject, the more I want to jump off the nearest bridge. I cannot find anything anywhere that directs me specifically to what to do. Thank you

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