Is a corporation required to report income to IRS?
Ha Schedule E on an IRS form is used to report income and expenses arising from the rental of real property, royalties, or from pass-through entities (like trusts, estates, partnerships, or corporations).So yes, corporations report to the IRS. ChaCha!
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About IRS
The IRS stands for Internal Revenue Service. It is responsible for collecting taxes and revenue for the US federal government. The IRS is a part of the Department of the Treasury.
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