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Business, 24.04.2021 01:40 layla07

Tim, a single taxpayer, operates a business as a single-member LLC. In 2020, his LLC reports business income of $382,000 and business deductions of $668,500, resulting in a loss of $286,500. What are the implications of this business loss

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Tim, a single taxpayer, operates a business as a single-member LLC. In 2020, his LLC reports busines...
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