I 030 Wisconsin Schedule CC, Request for a Closing Certificate for Fiduciaries Form

Instructions and help about 2023 schedule cc

okay so for this video i wanted to cover the schedule c that is included in some circumstances with a foreign 1065 partnership tax return so schedule c this is not to be confused with the schedule c that you might see on a form 1040 right schedule c is used to report profit or loss uh from a trader business uh by an individual taxpayer this is different right form 1065 has its own schedule c and that's what we're looking at right here so i have this in front of us as an example and then i have a slide here with some of the rules around when you need to include this schedule c and then we have a fact pattern that we'll go through that will require us to answer yes to one of the questions that we'll see on the schedule c attachment so schedule c must be included with a 1065 if the partnership also needs an m3 so an m3 is a net income or loss wreck for certain partnerships it's basically an expanded version of the m1 and so if you if you need an m3 because you're a large partnership and y