54. What are the 4 business structures whenfiling tax returns:A) Schedule C, Partnership form 1065, SCorporation 1120 s, Corporation 1120B) Schedule K-1, 1040 Individual tax returns,Corporation 1120C) 1065, K-1, 1120 and Schedule E55. When can partnership/S corporation incomecan be used. Choose best answer :A) Rental income and loss shows profitB) Borrower has accessed the income via cashdistributionsC) Positive income trends

Hi student Since there are multiple questions, we will answer only first question.

54. What are the 4 business structures when filing tax returns: A) Schedule C, Partnership form 1065, S Corporation 1120 s, Corporation 1120 B) Schedule K-1, 1040 Individual tax returns, Corporation 1120 C) 1065, K-1, 1120 and Schedule E

54. What are the 4 business structures when filing tax returns: A) Schedule C, Partnership form 1065, S Corporation 1120 s, Corporation 1120 B) Schedule K-1, 1040 Individual tax returns, Corporation 1120 C) 1065, K-1, 1120 and Schedule E

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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