![]() Some sole proprietorships and partnerships may have used the address of an accounting firm, tax attorney, or tax practitioner located in a State or County other than where the business office is located. The tax-filing address may not reflect the location of the business activities for the sole proprietorship or partnership. ![]() How Are Administrative Records Assigned to the Proper State and County?Īssigning IRS administrative records to the proper State and County is based on the ZIP codes of the filing addresses. domestic limited liability partnership, e. The type of entity or partnership is reported on Form 1065, Schedule B, by checking one of the following choices: a. Each owner or partner is responsible for paying income tax and is liable for the debts and activities of the partnership. In a business partnership, each owner or partner can make business decisions and share any profits. ![]() Unincorporated businesses are sole proprietorships (owned by a single individual) and partnerships (owned by two or more individuals). These data are based on an examination of unedited IRS administrative records (i.e., Federal tax and information returns). The State and County tables in this section present financial data reported by individual owners of unincorporated businesses on Form 1040, Schedule C, Profit or Loss From Business (Sole Proprietorship), and Form 1065, U.S.
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