Forms
Entity
True or False
Entity cont'ed
Forms cont'ed
100

Partnership

What is form 1065?

100

Owed by just one person.

What is Sole Proprietorship?

100

Could a POA with out a caf number discuss the taxpayers account

What is true?

100

Fiduciary arrangement that allows a third party or a trustee to act on behalf.

What is a Trust?

100

Federal Unemployment Tax Assessment 

What is form 940?

200

Income Tax Return

What is form 1040?

200

Established by filing an Article of Incorporation.

What is a Corporation?

200

A person with a F8821 could setup a payment plan with ACS.

False

200

any heir in law, next of kin, or beneficiary who establishes a material interest.

What is an Estate?

200

Fiduciary

What is form 1041

300

Corporate Tax Return

What is form 1120?

300

Makes an Election to be taxed

What is a SUB-chapter S-Corp?

300

A person with a form 2848 with a level h could request a closure for CNC 

What is false?

300

A legally formed organization that is exempt from federal income taxation

What is an Exempt organization

300

S-Corporation

What is form 1120-S

400

Employees Quarterly tax Returns

What is form 941?

400

Must be owned by two or more people

What is a Partnership

400
A reporting agent could setup an IA

What is false?

400

A pastor, rector, rabbi, bishop, elected officer, or other official who can legally bind the organization.

What is a Place of worhship?

400

Annual employee tax return

What is the form 944?

500

Sole Proprietor 

What is for 1040 with a sch c

500

Instead of Shareholders,owners are referred to as members

What is an LLC?

500

A student with a Form 2848 Level K, handle setting up IA  or cnc 

What is True?

500

Federal, state, or local government officials who can legally bind the agency or an employee who states that they can legally bind the agency may receive tax account information (e.g., the mayor)

What is a Government Agency?

500

Heavy Highway use tax

What is the form 2290?