I opened a C Corp in 2018. I'm the only employee and had a big loss do I still need to file 1120 and K1?

no employees just me. I lost money do I need to file 1120 and K1?

posted

Connect with an expert

1 Reply

I opened a C Corp in 2018. I'm the only employee and had a big loss do I still need to file 1120 and K1?

Yes you will still have to file Form 1120 to report your C Corp income and expenses even if you had a loss.

Still have questions?