How to file taxes for a multi-member LLC with zero financial activity.

[Ikay81]

My spouse and I have an LLC on a 50/50 basis in the great state of Texas with absolutely no financial activity including a bank account. We both have our day jobs. I'm wondering, what's the best turbo tax product for filing our taxes with the LLC in place and any tips or ideas would be highly appreciated. 

[Anonymous]

from irs 2019 instructions for for 1065

Domestic Partnerships

.. 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.

Entities formed as LLCs that are
classified as partnerships for federal income

tax purposes have the same filing
requirements as domestic partnerships.

so according to the IRS  since you had no financial activity there is no need to file,

even though the IRS says, based on what you provided, no return is required.   The IRS does't know you are not required to file.   So you may get an inquiry.  just respond you had no income, no expense and no credits and therefore was not required to file.