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For any question related to taxes and not otherwise covered by a more specific tag such as income-tax, sales-tax, etc. Whenever asking about taxes, please also specify a country tag such as united-states, canada, united-kingdom, etc.

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I own a small business. If I take an equity draw from from the company, as opposed to a dividend or cut of the profit, do I have to declare what I receive from the equity draw as income on my persona …
asked Nov 17 '15 by Anon