Which of the following business entities does not file a separate tax return to report business operations?
A) Sole proprietorship
B) S corporation
C) C corporation
D) Partnership

Question

Quizplus · Accepted Answer

Sole proprietorships are not considered separate legal entities from the owner, therefore they do not file a separate tax return. The owner reports business income and expenses on their personal tax return using Schedule C or C-EZ. The other options (B, C, and D) are all separate legal entities that file their own tax returns.

Which of the Following Business Entities Does Not File a Separate