If a partnership does not report to the IRS as a partnership on IRS form 1065 and all the partners report income separately on Schedule C, is each partner required to secure a State Business License?
No, if the association truly qualifies as a “partnership” under Nevada law, the partnership would be required to obtain just one State Business License in the name of the partnership.
Questions? Call the Secretary of State's Office at (775) 684-5708 or email support@nvsilverflume.gov.
This FAQ pertains to SilverFlume Nevada's Business Portal at www.nvsilverflume.gov.
