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Rich67stang · 07-29-2008, 01:50 PM

I opened a S corporation back in 1996 when I first got started/sponsored. The checks are made out to the
business as such and you are allowed operating expenses for that corporation. Keep in mind that at the end of the year you must file a corp. tax return besides your personal, but if the corporation shows/has a loss it is reflected on your personal tax return. Hope this helps.

Rich67stang

07-29-2008, 01:50 PM	#2
Rich67stang Member Join Date: Nov 2005 Location: Jackson, NJ Posts: 313 Likes: 3 Liked 116 Times in 27 Posts	Re: Sponcer money..... 1099 ???? I opened a S corporation back in 1996 when I first got started/sponsored. The checks are made out to the business as such and you are allowed operating expenses for that corporation. Keep in mind that at the end of the year you must file a corp. tax return besides your personal, but if the corporation shows/has a loss it is reflected on your personal tax return. Hope this helps. Rich67stang