4 ms·
If you are not an W-2 employee and your business is not incorporated, by default you ARE running your business as a pass thru entity. BTW - There is no 20% tax
by spikels 9y ago
If you are not an W-2 employee and your business is not incorporated, by default you ARE running your business as a pass thru entity.
BTW - There is no 20% tax. There is a 20% deduction for some pass-thru income.