- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
Hi ,
I would like to know if i have to fill tax return or report to the IRS that i had no incomes or expenses through schedule C .. ???
What i have to do in this situation ? please help me!
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
@djamil wrote:What i have to do in this situation ? please help me!
You are required to file Schedule C for 2018 if your net earnings from self-employment were $400 or more.
See https://www.irs.gov/publications/p334#en_US_2018_publink1000313173
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
thank you for your response!
So, i will do anything right now ? no reporting ?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
@djamil wrote:So, i will do anything right now ? no reporting ?
You do not have to file a Schedule C if you had neither self-employment income nor expenses, but that does not necessarily mean you do not have to file an income tax return (if you do have to file a return, you just do not have to file Schedule C).
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
okey,
in my situation right now, i got the EIN last year but i have never working with it, shoudl i report to IRS that i'm not working ?, if yes ? wich form is corresponding?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
@djamil wrote:in my situation right now, i got the EIN last year but i have never working with it, shoudl i report to IRS that i'm not working ?
No, you are not required to report to the IRS in that scenario.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have EIN as sole proprietorships but never started te business (no incomes , no expenses)
i forget to tell that i'm not a us citizen and i don't live in us
Still have questions?
Or browse the Forums