3 ms·

I dunno, I pay taxes on revenue.

• offnominal 1y ago
  Are you a company? If not, then you probably don't have revenue -- you have income.
  • tomrod 1y ago
    In the US, unless you are a C Corp then you probably also pay taxes on net income of some form. C Corps have some different accounting, where dividends are double taxed unfortunately. Small business owners are very impacted by the R&D schedule.
  • crvdgc 1y ago
    If only I can pay tax just for income - expenses (rent, food, etc.)
• whichfawkes 1y ago
  Do you take a standard deduction? It's clearly not enough to cover all of the expenses that are required to generate your "revenue", but it's a gesture in that direction.