I'm wondering if I need to file a form 1065 for an llc partnership that was never utilized? We have had 0 expenses and 0 income. Likewise, do we need to do a k1 form?
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2 Replies
MinhT
Expert Alumni
Jun 6, 2019 1:10:23 AM
No, you are not required to file a form 1065 (partnership return) for your LLC if it had no income and no expense in 2018. No form 1065, so no K-1s.
Please see this IRS document for more information:
Thank you so much. The partnership didn't have any US income in 2019, but it have some expense during the year. in that case, do I need to file form 1065?