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Get your taxes done using TurboTax
No, not if you are a sole proprietor filing a Schedule C. There is nothing you need to report concerning closing your business and transferring your funds into your personal account. If you sold any business assets or otherwise disposed of business property, you would need to report those transactions.
If you operated as a different entity, such as a Corporation, you would have a different situation.
See this article on Closing a Business.
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‎June 4, 2019
1:48 PM