TaxGuyBill
Level 15
09-15-2020
01:18 PM
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Interesting. I didn't remember or know that owner-employees of corporations also get to use similar rules as a Schedule C.
I know the SBA said they were going to issue some guidance for filers of Schedule C that were not operation in 2019, but I'm not sure if they have released that yet. I would assume that similar guidance and rules will apply to the corporations.