Entities: Sole Proprietor, Partnership, Limited Liability Company/Partnership (LLC/LLP), Corporation, Subchapter S Corporation
Question: Must a partnership or corporation file a tax form even though it had no income for the year?
Answer: A domestic partnership must file an income tax form unless it neither receives gross income nor pays or incurs any amount treated as a deduction or credit for federal tax purposes.
A domestic corporation must file an income tax form whether it has taxable income or not.
My Business Had No Income, Do I File A Tax Return? Maybe
Filed Under: IRS Tax Advice
Tags:
FREE
Consultation
No Obligation
“Thanks to Fresh Start, I am feeling more and more confident about finally getting caught up after all these years.”
“I will certainly refer anyone I come across who needs your services for sure.”
“I cannot thank you enough for handling my IRS issues. After dealing with another office who did nothing, you guys did everything that you promised. Thanks again, especially Steve Jacob for guiding me every step of the way.”