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chevy2011stiles
New Member

I have a sole proprietorship but i havent done anything with it, and now i dont plan to, do i still have to file taxes on it?

 
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AlanT
Expert Alumni

I have a sole proprietorship but i havent done anything with it, and now i dont plan to, do i still have to file taxes on it?

No, if you have an inactive sole proprietorship, you do not have to file a Schedule C.  

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2 Replies
AlanT
Expert Alumni

I have a sole proprietorship but i havent done anything with it, and now i dont plan to, do i still have to file taxes on it?

No, if you have an inactive sole proprietorship, you do not have to file a Schedule C.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
chevy2011stiles
New Member

I have a sole proprietorship but i havent done anything with it, and now i dont plan to, do i still have to file taxes on it?

thank you for the quick response
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