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Topic: Working as a franchisee  (Read 762 times)

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Working as a franchisee
« on: May 21, 2014, 11:29:47 AM »
I’m considering buying a franchise and was wondering how to report this to the IRS. When Stateside, I worked as an independent contractor and used Schedule SE. I would be a sole trader, but would have the support of the franchiser.  Would I still use Schedule SE, or would my tax affairs become more complex, requiring further schedule/forms? Would appreciate any thoughts on this… Thanks


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