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Which of the following accurately reflects how compensation for services is reported for the owner? Jake, a partner in QYX, will receive Form W-2 from

Which of the following accurately reflects how compensation for services is reported for the owner?

Jake, a partner in QYX, will receive Form W-2 from QYX reporting his compensation from the partnership.

Lisa, a 10% owner in an S corporation, will receive Form W-2 reporting her compensation from the S corporation.

Kyle, a sole proprietor, will receive Form 1099-NEC from his business reporting his compensation.

Nora, a 10% owner of a C corporation, will receive a Form 1099-DIV reporting her share of income form the corporation.

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