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| *Loan,banking and credit>>>business tax |
If I own a business, do I have to file personal taxes and business taxes separately? |
If I own a business, do I have to file personal taxes and business taxes separately? 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. 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". I have two sole proprietorship businesses (not home based) and I file one return. it depends on whether or not your business is incorporated. All of the above are correct. |
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