turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cynbriar
New Member

Do I have to file a schedule C for an LLC, from another state, that has earned no income and has no expenses? I am planning a move to this state within a year.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Ashby
New Member

Do I have to file a schedule C for an LLC, from another state, that has earned no income and has no expenses? I am planning a move to this state within a year.

No, if it is a single member LLC with no activity, there is no reason to file a return. Just because you have an LLC, does not mean you have a taxable entity or active business.

View solution in original post

1 Reply
Ashby
New Member

Do I have to file a schedule C for an LLC, from another state, that has earned no income and has no expenses? I am planning a move to this state within a year.

No, if it is a single member LLC with no activity, there is no reason to file a return. Just because you have an LLC, does not mean you have a taxable entity or active business.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question