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sgc
on Jan 3, 2022
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Ask HN: How do I manage the profit of a successful...
S Corp profit is pass through, so you pay taxes on it. But it is not employment income, so no self-employment tax on top of regular income tax.
https://www.investopedia.com/terms/s/subchapters.asp
throw1234651234
on Jan 3, 2022
[–]
Picking a random comment to reply to since all of these are good answers - thanks everyone!
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https://www.investopedia.com/terms/s/subchapters.asp