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debtransier
New Member

Do I need to file for a LLC that did not get started?

No income was earned.
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SusanY1
Employee Tax Expert

Do I need to file for a LLC that did not get started?

Generally, no.  However, if the LLC is located in the state of California you will need to file a state form and pay the required annual fee.  

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SusanY1
Employee Tax Expert

Do I need to file for a LLC that did not get started?

Generally, no.  However, if the LLC is located in the state of California you will need to file a state form and pay the required annual fee.  

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

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Carl
Level 15

Do I need to file for a LLC that did not get started?

A single member LLC or sole proprietorship is not required to report income/expenses until the first year the business is "open for business". In most states where you are required to register your business with the state (particularly if it's an LLC) your registration status is "active" by default on the date of registration, unless you took physical action during the application process to register your business in an "inactive" state. So if your registration status was "active" in 2019, then you need to report all business income/expenses on SCH C as a part of your personal 1040 tax return. It doesn't matter if the business had no income, or incurred no expenses either. If the registration status was "active" for 2019, then a SCH C is required even if it's all zeros.This would be especially true for a state like California, since CA taxes personal income also.

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