TB MC Qu. 15-47 (Static) On which tax form is income from... On which tax form is income from a single-member LLC with one corporate (C corporation) owner reported? Multiple Choice Form 1120 used by C corporations to report their income Form 1120S used by S corporations to report their income Form 1065 used by partnerships to report their income Form 1040, Schedule C used by sole proprietorships to report their income None of the choices is correct.