Limited Liability Company (LLC) No Work for Tax Year 2023

badams_taxes · ‎April 11, 2024

Good Afternoon,

Since my husband did not work for the tax year to report income, Form 2106 cannot be used, correct? Please share with me where you got the information that Form 2106 has been restricted for the tax year 2023.

I will continue using Schedule C to report the business even if there is no income for 2023 because I intend to continue providing services soon.

I have a vehicle strictly used for business purposes only, and I will keep it on the books.

My tax and licenses total about $1298.00. When I claim this, it results in a loss, but I want to avoid a business loss if the IRS classifies the business as a hobby.

Please advise,

BAdams