If you have other income, your business loss first applies to reducing this income in the current tax year. If you had $20,000 in W-2 income from an employer, $2,000 in passive interest income, and $18,000 in business losses, you would pay tax on only $4,000 of income, or $22,000 minus $18,000.
Fairfield is located in northwest California. Fairfield is part of Solano County. Fairfield has 37.39 square miles of land area and 0.25 square miles of water area. As of 2010, the total Fairfield population is 105,321, which has grown 9.51% since 2000. The population growth rate is about the same as the state average rate of 9.99% and is about the same as the national average rate of 9.71%.
Sponsored Topics. Fairfield is a town in Teton County, Montana, United States. The population was 659 at the 2000 census. Fairfield is located at 47Â°36â²55â³N 111Â°58â²51â³W / 47.61528Â°N 111.98083Â°W / 47.61528; -111.98083 (47.615250, -111.980859). According to the United States Census Bureau, the town has a total area of 0.3 square miles (0.8 kmÂ²), all of it land.