I have EIN as sole proprietorships but never started te business (no incomes , no expenses)

Forum|Forum|7 years ago
July 5, 2019
6 replies
46 views

Hi ,
I would like to know if i have to fill tax return or report to the IRS that i had no incomes or expenses through schedule C .. ???

What i have to do in this situation ? please help me!

Anonymous_

Level 15

@djamil wrote:
What i have to do in this situation ? please help me!

You are required to file Schedule C for 2018 if your net earnings from self-employment were $400 or more.

See https://www.irs.gov/publications/p334#en_US_2018_publink1000313173

djamilAuthor

Level 2

thank you for your response!

So, i will do anything right now ? no reporting ?

Anonymous_

Level 15

@djamil wrote:
So, i will do anything right now ? no reporting ?

You do not have to file a Schedule C if you had neither self-employment income nor expenses, but that does not necessarily mean you do not have to file an income tax return (if you do have to file a return, you just do not have to file Schedule C).

See https://www.irs.gov/filing