how do you report income from a c corporation 
a c corporation should use irs form 1120 to report its corporate income taxes the company may also have employment social security or medicare tax liabilities and these can increase the cost of filing taxes as well compared to the other forms of companies 2the bottom linea c corporation is a business structure that allows the owners of a business to become legally separate from the business itself this allows a company to issue shares and pass on profits while limiting the liability of the shareholders and directors 