2007-01-29 13:17:40 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
If your business is a corporation, then yes, you would file separately. If it's a sole proprietership, then no, you'd file a schedule C or C-EZ along with your 1040.
2007-01-29 13:42:32 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
while you're certainly a sole proprietor, which may be uncertain, you're able to document schedule C along with your 1040. in case you had a earnings of a minimum of $4 hundred schedule SE could additionally be mandatory. in spite of the undeniable fact that, it seems such as you quite have a partnership along with your father. if so the partnership might desire to document type 1065. The earnings or loss from the 1065 flows via on your 1040 by using using a ok-a million type from the partnership. lower back, earnings over $4 hundred is likewise concern to SE tax. Edited to characteristic: you're able to circumvent any style of storefront tax education employer in case you have the two a sole proprietorship or a ok-a million from a partnership.
2016-11-23 13:10:15 · answer #2 · answered by ? 4 · 0⤊ 0⤋
It depends on how your business is set up. I am self employed and work out of my home so file them together and use the form for "business use of your home".
2007-01-29 13:20:33 · answer #3 · answered by therego2 5 · 0⤊ 0⤋
I have two sole proprietorship businesses (not home based) and I file one return.
2007-01-29 13:23:35 · answer #4 · answered by racedoctor 2 · 0⤊ 0⤋
All of the above are correct.
2007-01-29 16:41:04 · answer #5 · answered by tax_man_cometh 2 · 0⤊ 0⤋
it depends on whether or not your business is incorporated.
2007-01-29 13:25:23 · answer #6 · answered by april_c_a 2 · 0⤊ 0⤋