I closed my business 12/31/23. Do I still need to file 2024 taxes?

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I closed my business 12/31/23. Do I still need to file 2024 taxes?

No. If your business had no income or expenses and was closed for all of 2024, then you would not file a tax return for 2024. You should have file a final return in 2023 reporting all of your income and expenses for that year.

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