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Does the poverty guideline exception apply to businesses?

April 26, 2017businesses exception guideline poverty

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Does the poverty guideline exception apply to businesses?

3 Answers

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• No. The exception for taxpayers with total monthly incomes falling at or below income levels based on DHSS poverty guidelines only applies to individuals. • It does not apply to other entities, such as corporations or partnerships.

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No. The exception for taxpayers with total monthly incomes falling at or below income levels based on DHSS poverty guidelines only applies to individuals. It does not apply to other entities, such as corporations or partnerships.

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No. The exception for taxpayers with total monthly incomes falling at or below income levels based on DHSS poverty guidelines only applies to individuals. It does not apply to other entities, such as corporations or partnerships. Source: www.irs.