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Get the free AND PASS-THROUGH

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Pass-through definition is — the act, action, or process of offsetting increased costs by raising prices. How to use pass-through in a sentence.
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Pass-through is a tax structure where the profits and losses of a business are passed through to the owners or investors.
Individuals, partnerships, S corporations, and some trusts or estates are required to file pass-through entities.
To fill out pass-through entities, owners or investors must report their share of income, deductions, and credits on their individual tax returns.
The purpose of pass-through entities is to avoid double taxation on business income by passing it through to the owners' individual tax returns.
Owners must report their share of the entity's income, deductions, and credits on their individual tax returns.
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