organizations: Sole Proprietor (Form 1040 Schedule C or Schedule F), C-Corporation (Form 1120), S-Corporation (Form 1120S), Partnership (Form 1065), Trust (Form 1041), and Non-profit organization (Form 990) You may notice that the limited liability company (LLC) is not listed above. That's because an LLC can be treated (for tax purposes) as a sole proprietor, as a partnership, as a C-corporation, or as an S-corporation. The owners of the limited liability company (LLC) can pick which tax treatment…
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