What do you believe led to the conclusion that a sole proprietorship should report its results on the owner’s tax return?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter14: Choice Of Business Entity—operations And Distributions
Section: Chapter Questions
Problem 16P
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What do you believe led to the conclusion that a sole proprietorship should report its results on the owner’s tax return?

 

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