This was use to pay myself
David • Multi professional
Dixon Garcia
CPA, FlyFin
In general, the IRS does not allow any Entertainment, Personal, living or family expenses as tax deductions. However, if the Cash Withdrawal amount is utilized for your freelance business, the expenses are deductible on Schedule C of Form 1040.
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Dixon is one of the best tax experts from the United States. He has an experience of 28 years in the field of corporate finance. Before FlyFin, Dixon had served as the Tax Head at KPMG, NJ.