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Afto Form 134

Afto Form 134

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Instructions and help about Afto Form 134

ATAC students this is your teacher Roy again with a review of accounting 130 for accounting 134 is the prerequisite class you probably took last semester the bricks it for our class accounting 137 in accounting 134 you learned individual income taxation preparation and we're going to continue working with individuals here in accounting 137 but what we're gonna do is learn business income that's reported on that form 1040 that you've already prepared last semester now we're going to just add a few more schedules or forms to that 1040 form for the business income that we're learning now later this semester we're gonna find out that businesses can be run through partnerships and partnerships have to file a form called 1065 partnerships don't pay income taxes generally but it's the partners possibly the individuals that would have to report their share of the partnership income on their 1040 form and the last chapter o

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