qbteachmt
Level 15
03-12-2021
05:53 PM
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"Yes. Both."
Any amounts spent on Personal is Not Business and is the same as Draw.
Read up on Accountable Plans per the IRS. That likely is one of the big pieces you overlooked.
You will love learning about it.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers