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New Member
posted Sep 23, 2020 5:54:22 PM

Should I claim total income on all of my separate businesses together or do each one separately? Which is more beneficial for me?

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1 Replies
Level 15
Sep 24, 2020 6:52:03 AM

Yes, if you had more than one business you will enter them separately.  You will claim your business expenses and if the businesses are very different your business expenses would be different and you want to claim as much expenses as possible.