I have been seeing a couple of places that if an LLC is opened and closed with 12 months we wouldn't need to file a 1065. There are some expenses but only profits are interest which the bank gave a 1099-INT for. Any credence to this claim? I have tried calling the IRS but they don't answer these types of questions apparently and I haven't found anything on the actual IRS website, only just about closing down a partnership. Thanks in advance.
