Welcome Guest. Register Now!  

Ask TaxGuru » Individual » Income » Depositing a check


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 08-06-2015, 12:55 PM
Junior Member
  
Join Date: Aug 2015
Posts: 1
Depositing a check
I received a check for a loan payoff for around 30k. Is it better to deposit into my personal checking account or into my business checking account?


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 08-07-2015, 08:30 PM
Moderator
  
Join Date: Oct 2010
Posts: 5,258
it depends; aslongas it is biz loan payoff check, then, you need to deposit it into your biz checking account


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply

« Local tax PSD 510101 | Filing Required To Carry Forward NOL? »


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Refund check Michi527 Miscellaneous 1 03-02-2011 09:14 PM
my brothers SSI check od710 Income 1 01-28-2011 02:38 PM
Severance Pay check spyce1 Miscellaneous 0 06-27-2010 08:34 PM
First check taxed at 35% is this right TaxesHurt Income 0 06-03-2009 11:55 AM
How can I check the status of my tax refund? Tanya Estimated Taxes 1 03-29-2007 03:43 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
Ask TaxGuru?
 
Individual
 » Income
 » Estimated Taxes
 » Capital Gains
 » Itemized Deductions
 » IRA/Sep
 » Rental Real-Estate
 » Alternative Minimum Tax
 » Filing Requirements
 » Sole-Proprietorship
 » Medical
 » Auto Expenses
 » Social Security
 » Tax Credit
 » Depreciation
 » Divorce Tax Issues
 » Homeowner Tax
 » Multistate
 
Corporations
 » C-Corporation
 » S-Corporation
 » Limited Liability Company
 » Payroll
 » Multistate Tax Issues
 » Non-Profit Organisation
 » Trusts and Gift Tax Returns
 
Forum for CPAs
 » CPA Forums
 
Financial Planning
 » Estate Planning
 » Retirement Planning
 » Investment Strategy
 » Education Planning
 » Life Insurance
 
 » Tax News
 » Tax Calculators
 » Downloads
 » Contact Us
 
 
» Recent Tax Q&A
No Threads to Display.


Advertise - Contact Us - Ask TaxGuru - Archive - Disclaimer - Privacy Statement - Top
Copyright © 2007, AskTaxGuru.com
Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0