Yes, you generally need to file taxes for your S corporation even if it did not earn any income for the year.
Explanation:
- Form 1120S: The IRS requires all S corporations to file Form 1120S annually, regardless of income.
- Additionally, some states may have their own filing requirements and mandatory minimum taxes, even if there is no income.
For more detailed information, you can refer to the IRS S Corporations page
and the UpCounsel guide on filing taxes for an S Corp with no income