1264745
We started a Multi-Member LLC in early 2019, but we did not end up using the LLC. I ended up dissolving in early 2020 in January through the state that we registered under.
I have a few questions about the 2019 1065 Return
Thank you.
You'll need to sign in or create an account to connect with an expert.
You never did, purportedly, apply for an EIN for the LLC and the LLC had neither income nor expenses (in fact, it appears it never even opened for business), so there is nothing you need to file with the IRS.
If the LLC neither received income nor incurred any expenditures treated as deductions or credits for federal income tax purposes then a federal income tax return (Form 1065) is not required to be filed.
See https://www.irs.gov/instructions/i1065#idm140672607580960
Thank you for the reply.
I understand that it is not necessary to file a return for the LLC if it did not receive any income. However, I have already dissolved the LLC in the state that I filed it, in January of 2020. So I cannot / won't be using it in the future.
Are you saying that I do not have to file anything with the IRS ever?
I do not have to give anything to the members?
Thank you.
You never did, purportedly, apply for an EIN for the LLC and the LLC had neither income nor expenses (in fact, it appears it never even opened for business), so there is nothing you need to file with the IRS.
Yes, we never opened for business hence we never applied for an EIN.
Thank you for your help.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
sumi398
New Member
angelica-villegas
New Member
ffraser1988
New Member
preisedj
New Member
rmurphy65
New Member