If i have 2 different companies , sole proprietorships or corporations under different Business numbers , how to calculate tax on transfered funds from one to the other

[i6661]

How are Funds transfered from one company to another registered and taxed?

[TurboTaxSusan]

Income earned by a sole proprietorship goes to the individual taxpayer and is taxed through their income tax. If then, the individual wants to invest the money in a new sole proprietorship, they can just do so, since it's just the individual using their own money.

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