Tax filing for multiple business
Amish Maknojia (Student) (507 Points)
15 February 2022& F&O loss is 1 cr ...how to show both businesses and will it affect ratios?
Amish Maknojia (Student) (507 Points)
15 February 2022
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 15 February 2022
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 15 February 2022
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 15 February 2022
You can only file your personal and business taxes separately if your company it is a corporation, according to the IRS. A corporation is a business that's seen as an entity separate from its owner(s) that pays its own tax. Corporations file their taxes using Form 1120.
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