Retirement tax questions

I think I will need to ask a few questions first:

How are you filing a return in the past?  Are you filing as a 1120 or 1065?  If you have been filing a return like these, then you would be getting a K1 that you would add to your 1040.  If you would like to just file on a 1040 using the Schedule C (self employment)then you would have to end your designation as a S Corp, C Corp or Partnership and file a final return for that entity.  You would then use Schedule C that flows to the 1040.

Let me know if you have other questions.

Katie S.

Katherine S 63