On which tax form does a single member LLC with one individual owner report its income and losses?
A) Form 1065.
B) Form 1120.
C) Form 1040, Schedule C.
D) Form 1120S.

Name: On which tax form does a single member LLC with one individual owner report its income and losses? A) Form 1065. B) Form 1120. C) Form 1040, Schedule C. D) Form 1120S.
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Question

Quizplus · Accepted Answer

Single member LLC with one individual owner reports its income and losses on their personal tax return using Form 1040, Schedule C.

On Which Tax Form Does a Single Member LLC with One