Based
on the IRS requirement, if your business makes less than $400, you usually do not have
to file if it's your only income. Please
see the IRS interactive questionnaire Do I need To File
A Tax Return to determine, with accuracy, if you have to file a return or
not. While you may not have made any
profits, if since you have expenses, you may want to file a Schedule C to claim
them. If you do not claim your expense in the year you pay them, you may
not be able to deduct them in the future when you do have income. Please
read the following article to guide your decision; Can
I File An Income Tax Return If I Don't Have Any Income? It will
provide you with advice on filing if you have any expenses, such as the cost of
your business license.