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... David M. Steingold ... To take a key example: Traditional C corporations are taxable entities that must file their own, separate ... State Tax on C Corporations
If your business is structured as a traditional corporation, also known as ... a C corporation, then, in many states, it must pay income tax in much the same way as you, personally ... key information from federal Schedules K-1 and E (for sole proprietorships, look to federal Schedule C) ...