This is what I think this is getting at, but I could be wrong. Basically, I'll use a business as an example, and it pulls in 350k before expenses. That is what would be measured, not whatever the owner actually takes home once he/she pays for all of their expenses for that year. So if the owner only takes home 200k, they will be taxed as if they make 350k. Honestly I hope I'm wrong, that would be fucked up.Originally Posted by stephen





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