Discussion:"Small Business and work opporunity tax act of 2007"
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Discussion Forum Index --> Tax Questions --> "Small Business and work opporunity tax act of 2007"
| 5 July 2007 | |
| Will this change the way a mom and pop grocery store fill out their income tax retrun? Can they fill out a sch. c or will they still have to fle a 1065? thanks for any comment. | |
| 5 July 2007 | |
| If there is material participation by both and they elect to do so, then two Sch C's in non-CP states. In CP states I presume it will still be a 1065 or one Sch C with two SE's - assuming both are conducting the business. | |
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