On Which Form Is Income from a Single-Member LLC with One

question 49

Multiple Choice

On which form is income from a single-member LLC with one corporate (C corporation) owner reported?

• A)Form 1120 used by C corporations to report their income.
• B)Form 1120S used by S corporations to report their income.
• C)Form 1065 used by partnerships to report their income.
• D)Form 1040, Schedule C used by sole proprietorships to report their income.
• E)None of the choices are correct.

---

Definitions:

Predict

The act of making an educated guess about the future based on current knowledge, data, or patterns.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Psychoanalytic School

A set of psychological and therapeutic theories and methods, which originated with Sigmund Freud, emphasizing unconscious motivations and conflicts as driving human behavior.