turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Oct 16 is the IRS deadline–file confidently with expert help. File Now
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

csdavismd
New Member

I have a professional association (PA) with no activity for years that was dissolved in 2016. Do i need to file a tax return?

the P.A. is located in NJ

This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Our digital assistant can help you.
1 Best answer

Accepted Solutions
DS30
New Member

I have a professional association (PA) with no activity for years that was dissolved in 2016. Do i need to file a tax return?

It depends, but if you did not do a final year return related to your Professional Association in a prior year, you will want to do one with your 2016 tax filings. If you did do a final return in a prior year, then just doing a final legal dissolution in 2016 will not require a 2016 tax return.

View solution in original post

1 Reply
DS30
New Member

I have a professional association (PA) with no activity for years that was dissolved in 2016. Do i need to file a tax return?

It depends, but if you did not do a final year return related to your Professional Association in a prior year, you will want to do one with your 2016 tax filings. If you did do a final return in a prior year, then just doing a final legal dissolution in 2016 will not require a 2016 tax return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v