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Sole Proprietors
LLCs
Corporations
Partnerships
Trusts/Estates
100

The title of the responsible party for a sole proprietor.

What is the Owner?

100

An entity that has organized with their state but has only one member.

What is a Single Member LLC

100
A legal entity incorporated under state law is known as a....

What is a corporation?

100

A relationship existing between two or more persons or entities which join to conduct a trade or business.

What is a partnership?

100

A legal entity created as a result of a person's death.

What is a decedent estate?

200

The social security number on ENMOD.

What is the XREF TIN?

200

An entity that has more than one member and has organized with the state.

What is a multiple member LLC?

200
A corporation will always file this series of returns.

What is the 1120?

200

Once classified as a partnership this filing requirement is opened.

What is the 1065?

200

A separate and distinct taxable entity from the individual debtor who files bankruptcy under Chapter 7 or 11.

What is a bankruptcy Estate?

300

The Command Code used to researched the Owner's PII.

What is INOLES?

300

The indicator for LLC's to determine if it is Single or Multi Member can be found using this Command Code.

What is Enmod?

300
The responsible party for a corporation must be an officer that can...

What is legally bind the corporation?

300

The authorized responsible party of a partnership is known as

What is a partner?

300

A legal entity created under state law and taxed under federal law in which one party holds assets for the benefit of another.

What is a Trust?

400

A sole proprietor can operate under a business name known as this.

What is a DBA (Doing Business As)?

400

LLC is the acronym for this.

What is Limited Liability Company?

400

An entity with an MFI (Master File Indicator) of B is a...

What is a for profit corporation?

400
An entity that has only 2 members of a partnership and they are a husband and wife that file a joint tax return.

What is a Joint Venture?

400

The form filed by trusts and estates.

What is Form 1041?

500

Sole Proprietors report the business loss/income on this form.

What is the 1040?

500

A multiple member LLC can choose to report their income as one of these two entity types.

What is partnership or corporation?

500

To elect to be treated as an S Corporation, this form must be filed.

What is Form 2553?

500
Each partner's share of income is reported on this.

What is the Schedule K-1?

500

Trusts and Estates can be identified by one of these two numbers in the third digit of the EIN.

What is 6 or 7?