On Which Tax Form Does a Single Member LLCs with One

question 22

Multiple Choice

On which tax form does a single member LLCs with one individual owner report its income and losses?

• A) Form 1120
• B) Form 1120S
• C) Form 1065
• D) Form 1040, Schedule C

Learn how to set up and implement interventions effectively.

Grasp the purpose and methods of conducting process evaluations for health interventions.

Recognize the importance of impact evaluation to determine the effects of programs on the target population.

Understand how outcome evaluations are used to assess the extent to which programs achieve their health and wellness goals.

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Definitions:

Compounded Quarterly

Interest is calculated four times a year on the initial principal and the added interest from previous periods.

20 Years

A period or duration of two decades.

Compounded Monthly

A term referring to the calculation of interest on the initial principal and also on the accumulated interest from previous periods, computed each month.

6.2%

A percentage expressing a portion, often signifying a rate such as an interest rate, growth rate, or efficiency ratio.