Who Needs Form 11652?
This form serves as a questionnaire and supporting document to Form 1040 Schedule C, that’s why it has to be filed by business owners who file this form. Schedule C is used to report business losses and income during the tax year to the IRS.
What is the Purpose of Form 11652?
This questionnaire is used as a supporting document to Form 1040 Schedule C for different purposes. It’s important for the IRS to have as much information concerning your business as possible to make tax decisions.
What Other Documents Must be Attached to Form 11652?
This document is a part of Form 1040 and it has to be attached to it. You may have to use other tax forms related to your business.
When is Form 11652 Due?
The due date for this document in 2017 is the 17th of April.
What Information Should be Provided in Form 11652?
The business owner has to provide the following information:
- Business address
- Social security number
- Phone number
- Business website
Then the filer has to answer all the questions by checking the appropriate boxes.
What do I Do with the Form after its Completion?
The completed form is attached to Schedule C and forwarded to the IRS.