nosam
Level 2
02-23-2023
01:51 PM
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The Single owner Corp is in Negative Income, owner is the only employee no salary paid spend more money than the Gross Receipts. Already prepared Form 1120. I have no problem completing Form 1120 and Schedule C.
My only question for now is, can I just prepare Schedule C only or 1120 only or Both, if 1120 only where will I enter the 1120 result on form 1040.
Pleaseeeee . . . This is Only for those Tax Expert who are willing to give Free Advise.😘