Scott Shires 3037515444 scottshiresgmailcom Sole Proprietorship Schedule C Form 1040 Sub Chapter S Corporation Form 1120 S C Corporation Form 1120 ID: 400889
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How should I file?
Scott Shires 303.751.5444 scott.shires@gmail.com
Sole Proprietorship Schedule C Form 1040 Sub Chapter S Corporation Form 1120 S C Corporation Form 1120Slide2
Schedule C
S Corp
Revenue$10,000$10,000Cost of Goods$2,000$2,000ExpensesAdvertising$500$500Office and Other$2,000$3,000
Travel
$500$500Profit$5,000$4,000
Scott Shires 303.751.5444 scott.shires@gmail.comSlide3
Scott Shires
303.751.5444 scott.shires@gmail.com
Schedule CS CorpRevenue$10,000$10,000Cost of Goods$2,000
$2,000
Expenses$3,000$4,000Profit$5,000$4,000
Self Employment Tax13.2%$660$264*
Income Tax
$500
$400
*Allocation of incomeSlide4
Scott Shires
Scott.shires@gmail.com303.751.5444www.shiresfinancial.com