Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim.

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes No

Legal Forms of Organization

Type of Organization

Legal Entity?

Owner’s Liability

Entity Files Return

Entity Pays Taxes

Owner Pays Tax On

Proprietorship No Unlim. No No Profits

Partnership No Unlim. Yes No Profits

Limited Partnership

No Lim. for Lim. Ptnr.

Yes No Profits

C Corporation Yes Lim. Yes Yes Dividends

S Corporation Yes Lim. Yes No Profits

LLC Yes Lim. Yes No Profits

Legal Forms of Organization