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%.
Images, from top down, left to right: Downtown San Bernardino, Big Bear Lake, Joshua Tree in the Mojave National Preserve, Calico Ghost Town, Bear Mountain. San Bernardino County, California, officially the County of San Bernardino, is a county located in the southern portion of the U.S. state of California. As of the 2010 census, the population was 2,035,210, making it the fifth-most populous county in California, and the 12th-most populous in the United States. The county seat is San Bernardino.