Enter the income and deduction items on this return (I assume we are talking about an LLC or solely owned proprietorship) for this year. The IRS does not require that a business make money every year (just most years). Document what happened and the impact it had, in case anyone ever asks (not likely).
You may have some one-time income or deduction items as you closed out your business, such as sale of assets, or conversion of business assets to personal use, and so on. Also please see this IRS page: Closing a Business or consult a local business attorney or business school.
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