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If a LLC doesn’t file as a corporation on federal income tax, what are other options?

Personal Finance & Money Asked on March 20, 2021

What are other filing options for no income LLCs?

One Answer

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

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