Michelle Allison90
New member
I opened a business in October, online retail, so my investment in the business was about $30 000.00 since it recently opened it's profit has only been around $200.00. How will taxes work, will I owe, get back, etc??
I am in BC Canada if it makes a difference.
Also, the business is soley in my name, so how will it effect my husbands taxes, up until now he had been able to use me as a deductible, will he still be able to because I have not made an income, or not? Thanks!!
I am in BC Canada if it makes a difference.
Also, the business is soley in my name, so how will it effect my husbands taxes, up until now he had been able to use me as a deductible, will he still be able to because I have not made an income, or not? Thanks!!