turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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?

 
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.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing

Related Content

Manage cookies