jwierzel
New Member

I own an LLC with 3 other people. We just registered in November and have no revenue or expenses to report. Do I have to file anything?

We are registered in Connecticut.
MinhT
Expert Alumni

Get your taxes done using TurboTax

It depends.

If the LLC is taxed as a partnership, then you do not have to file form 1065, if the LLC does not have any income or expenses in 2016.

If the LLC has elected to be taxed as a corporation by filing form 8832, then you need to file form 1120 (or 1120S) even if the LLC has no income or expense in 2016.

Please refer to this IRS document for more information:

https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-an...


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