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Hi, my name is Mark. I will be happy to help you with your questions.
I am having a little trouble understanding your question. Could you please restate your question? You have a question regarding Schedule C.
A Schedule C would be used to report Sole proprietor activities. If you owned 100% of an LLC that was being treated as a partnership, this would also be reported on Schedule C.
You have a company. Did you form a corporation?
If it is a corporation you would need to file a separate return. Is this the first year that you had the corporation?
Did the corporation have any activity?
What kind of business? Did you use your personal account?
Did you make a S-Election?
An S-Corporation would be made on Form 2553. This will treat the corporation as a flow through entity. This means any income that the corporation generates will flow to you personally and be reported on your 1040. You could still file for late S-Election. The form that you would need to file is 1120S. Form 1120S would produce a K-1 with your share of the income, loss, deductions, and credits.
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