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pacorita
New Member

If I own a Sole Proprietorship that didn't have any activity last year, do I need to file a tax return for it?

 
1 Reply
IsabellaG
Employee Tax Expert

If I own a Sole Proprietorship that didn't have any activity last year, do I need to file a tax return for it?

No, not if you had no income and no expenses, and you don't have anything to depreciate, and you didn't sell the business or sell business property.

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