Schedule C and Form 1065 are both tax forms used to report business income and expenses, but they are used for different types of businesses. Schedule C, also known as Form 1040 Schedule C, is used by sole proprietors and single-member LLCs to report their business income and expenses on their personal tax return. Form 1065, also known as U.S. Return of Partnership Income, is used by partnerships and multi-member LLCs to report their business income and expenses. So when your client tells you th

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