Can I use form 2106 If I am a business owner?

willi

New member
I am a small business owner and I want to know can I use form 2106 to file for my business expenses even though I am the owner of the business and technically I am my own employee because I work for myself?? PLEASE HELP! Thanks :)
 
No you cannot. You generally report your income and expenses on Scheudle C.

You can't pay yourself salary either, only draws/distributions, as you are considered self-employed.
 
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