Why Can I File Past Years Taxes Online: Difference between revisions
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Revision as of 02:47, 11 September 2026
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Another angle to consider: suppose your small takes a loss of profits for the whole year. As a C Corp as a no tax on the loss, however there can also no flow-through to the shareholders significantly an S Corp. The loss will not help individual tax return at all. A loss from an S Corp will reduce taxable income, provided there is other taxable income to reduce. If not, then a genuine effort . no income tax due.
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