Question
Completing Individual Personal and Business Returns
I have a new client who wants to file their personal and business returns separately on a 1040 and 1040 Schedule C; he is a Sole Proprietor. I explained they must be filed together, but he stated that his previous preparer who is now deceased did it that way. I thought only if they elected to file as a corporation or S Corp then it can be filed separately. Please advise. Thanks.
