Question

Information provided for a sole proprietor in the company general tax information preference includes______. a. company...

Information provided for a sole proprietor in the company general tax information preference includes______. a. company type, b. filing name, c. filing address, d. all of the above, QBO

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Answer #1

Sole proprietor is a person who is exclusive owner of business , he is entitled to keep all profits after tax has been paid but liable for all losses.

General tax information to be provided for a sole proprietor in company general tax information preference includes d. All of the above as company type is selected when selecting type of from required for filling.

Filling name and address are basic information that is required as whose tax is to be filed and where from it belongs thus thus requires filing name and address.

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