Do I need to file anything if my business didn't do anything this year?

robertj-contrera · ‎May 31, 2019

My girlfriend and I started a business by filing for a LLC and getting a website. We paid for some courses to take online about it. But that is about as far as we went with it. We didn't make any money or buy anything except the site and course.

IsabellaG · ‎May 31, 2019

If your business is formed as an LLC, and both you and your girlfriend are members, you would need to file Form 1065, U.S. Return of Partnership Income. See LLCs Classified As Partnerships.

See this link from the IRS. In general, every domestic partnership must file Form 1065, unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes.

You would need TurboTax Business to file a Form 1065. It is available only as a CD or Download.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"