Personal Finance & Money Asked on March 20, 2021
What are other filing options for no income LLCs?
You may have the option of not filing federal taxes, from this IRS page.
A domestic partnership must file an information return, unless it neither receives gross income nor pays or incurs any amount treated as a deduction or credit for federal tax purposes.
If you wish to file, and it is a single-member LLC, you can file as a sole proprietor. Use schedule C in your personal taxes.
Partnership, C-corp and S-corp are the other options, discussed here.
Answered by Orange Coast- reinstate Monica on March 20, 2021
Get help from others!
Recent Answers
Recent Questions
© 2024 TransWikia.com. All rights reserved. Sites we Love: PCI Database, UKBizDB, Menu Kuliner, Sharing RPP