If a taxpayer is self-employed, then the taxpayer reports his or her business...

50.1K

Verified Solution

Question

Accounting

If a taxpayer is self-employed, then the taxpayer
reports his or her business income on Schedule D and remits estimated income tax payments on Form 1040-ES.
reports his or her business income on Schedule C and also reports and remits estimated income tax payments on Schedule C.
reports his or her business income on Schedule B and remits estimated income tax payments on Form 1040-ES.
reports his or her business income on Schedule C and remits estimated income tax payments on Form 1040-ES.
reports his or her business income on Schedule B and remits estimated income tax payments on Schedule C.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students