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6 October, 05:19

Clarence is a sole proprietor who started his business on July 29, 2017. He has not elected any particular tax year. Generally, when is Clarence's federal income tax return due?

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  1. 6 October, 05:52
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    Clarence must file his tax returns on schedule C which is April 15, 2020 (for 2019 taxes).

    Explanation:

    As a sole proprietor of a small business Clarence must include his personal tax return when he files the sole proprietorship's tax returns. Tax returns must be filed on different dates depending on what type of business is filing:

    Sole proprietorship and single-member LLC by April 15, 2020. Partnership by March 16, 2020. Multiple-member LLC by March 15, 2020. S corporation by March 15, 2020. Other corporations (not S corporations) by the 15th day of the 4th month after their fiscal year ends.
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