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Old 03-13-2011, 05:05 PM
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Join Date: Mar 2011
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How do I treat a cash withdraw on 1120S?

I have sustained losses in small business for 3 years. I want to take a cash withdraw to brokerage firm. How do I treat it on the 1120S form? Is there creative ways to not have it count as taxable income, especially since had years of loss?



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