2007-02-25 06:23:13 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
If you are just running a smal biz as an individual (not incorporated or a partnership), you file your biz info on a Schedule C. It is a supplemental schedule to your regular 1040 long form. It is very simple to complete, but if you need help w/ it, there is an instruction booklet (& the actual form) on the IRS website (see below).
2007-02-25 06:30:09 · answer #1 · answered by Tom's Mom 4 · 0⤊ 1⤋
That depends upon the nature of the business and how it exists from a legal perspective.
If you're a sole proprietor, your business income and expenses are reported on Schedule C or C-EZ as part of your Form 1040 tax return.
If the business is a partnership, you file Form 1065, an informational return and list the shares of taxable income attributable to each partner.
If the business is a corporation, you file a Corporate return on Form 1120.
2007-02-25 15:49:17 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
It depends on whether your business is incorporated, and if so, how it's incorporated. If it isn't, then you include the business income and expenses on schedule C or C-EZ with your 1040. If the business is incorporated, then the business will file a separate return. Some or all of the business income might flow to your personal return depending on the type of incorporation.
2007-02-25 14:47:37 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
You must a personal business you would file with your personal income taxes. But if a corporation or any other form of business you would have to file each separtly
2007-03-01 10:11:09 · answer #4 · answered by maria169 2 · 0⤊ 0⤋
march 15th is the due date for business tax & April 15th. is for personal taxes
Turbo Tax online Free E-filing Savings
http://www.online-couponcodes.com/online-coupons.php?coupon=45292
Turbo Tax Online Federal and State Free E-filing: Maximize Tax Deductions
http://www.online-couponcodes.com/online-coupons.php?coupon=45105
2007-02-26 01:04:53 · answer #5 · answered by ellen h 2 · 0⤊ 0⤋
a calender year corp return is due on March 15th. Personal return is April 17th (this year the date is different)
If you are a schedule C business (sole proprietor) that is part of your personal return.
2007-02-25 16:23:16 · answer #6 · answered by Dizney 5 · 0⤊ 0⤋
USA tax YES: The IRS require that you fill out forms for the business. These forms are added to your 1040 so the personal and business taxes are recorded at one time.
2007-02-25 14:28:26 · answer #7 · answered by whatevit 5 · 0⤊ 3⤋
Business taxes are due by march 15th and personal taxes are due by April 15th.
2007-02-25 14:27:32 · answer #8 · answered by Akbar B 6 · 0⤊ 1⤋