Question: 16) On which tax form do LLCs with more than one owner generally report their income and losses? A) Form 1120. B) Form 1120S. C)

16) On which tax form do LLCs with more than one owner generally report their income and losses?

A) Form 1120.

B) Form 1120S.

C) Form 1065.

D) Form 1040, Schedule C.

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