Sunny Smiles Day Care Center is organized as a partnership. Which one of the following business tax forms will the owners need to file 75 days after the close of the fiscal year?
a. Form 990
b. Schedule C
c. Form 1065
d. Form 1120

Respuesta :

The business tax forms that the owners need to file 75 days after the close of the fiscal year is : C. Form 1065

In IRS form, The Form 1065 must be filled with various information in Partnership business, such gain , loss, deduction, Credits, etc
The answer is C. Form 1065. According to IRS's website, child care centers should be a separate place from the owner's residence. If it will be organized by a partnership, the business tax form to be used will be Form 1065. As for S Corporations, it will be 1120 while for corporations would be Form 1120.