Tax Preparation & Linux

Bruce Marshall bmarsh
Tue Jan 18 09:38:09 PST 2005


On Monday 17 January 2005 08:32 pm, Dr. Jones wrote:
> How do all these work for a small business. I believe I will need to
> file an 1120s form instead of a 1040, as an s-Corp. Anyone here on the
> list who runs a small corp, which requires different filing procedures?

I was an s-corp for years but then changed to a C-corp.  Also have a 
proprietorship business.  Yes, an s-corp requires an 1120S form and any 
profit from the s-corp becomes income on your own 1040 form.

-- 
+----------------------------------------------------------------------------+
+ Bruce S. Marshall  bmarsh at bmarsh.com  Bellaire, MI         01/18/05 09:35  +
+----------------------------------------------------------------------------+
"Some people don't have much to say, but you have to listen a long time
to find it out."


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