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dstang
New Member

The only income I have is from a small business and we had a net loss for 2018. Do I need to file a return for 2018, if I had no other income?

 
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1 Reply
AlanT
Expert Alumni

The only income I have is from a small business and we had a net loss for 2018. Do I need to file a return for 2018, if I had no other income?

No, you do not have to file if you had no other income other than the business loss.  However, if you want to carry that loss to 2019, you must file a 2018 income tax return.  

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