Deposite check and avoid double taxes
aleks_verholak
Member Posts: 1
Hello, I'm new to USA and need advice 
If I want to deposit checks in which taxes are already withheld. How can I write them down in Wave, so that I do not have to re-pay tax on them?
thank you
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Comments
@aleks_verholak,
I'm assuming that you are using Wave for business accounting. If you are depositing checks that are not income to the business then you would categorize the deposit as owner contribution.