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New Member
posted Dec 4, 2024 9:58:18 AM

Do I have to file a Beneficial Ownership Information Report (BOIR) if I am an author?

The filing deadline is Jan 1 with a $500/day penalty for not filing, but I don't know if I am required to file!

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1 Replies
Level 15
Dec 4, 2024 10:01:58 AM

If you are a self-employed individual and a sole proprietor for the business reporting you income and expenses on a Schedule C, then you are not required to file a BOI.