@MISTAMARX wrote:
@DavidS127 what if you filed a Final Tax return in 2023 on an LLC in NY State for tax year 2022 and DID NOT want to keep the LLC but due to misinformation, wasn't able to dissolve the LLC until 2024. Do we still need to file a final tax return for tax year 2023? No business had been conducted in all of 2023
You may need to ask a New York tax professional.
The IRS does not recognize LLCs as a special type of business, since LLCs are created under state law. Under federal law, you have a disregarded entity (like a sole proprietorship), or a partnership (unless you elected to be treated as an S-corporation). If you closed the business, disposed of the assets, filed a final return, and have not continued business activities, then the IRS does not need to see a tax return, even if you did not terminate your registration with the state.
I don't know what New York might require. You will need to check with someone in New York, possible the attorney who helped with the LLC if you used one.
