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Business & farm
Hello Lori_E,
If this is a single member LLC and there is no activity in 2024, you do not need to report it on tax return. Make sure to file paper work with state to dissolve it. If this is a LLC that elected to be treated as Corp., you have to file a return and mark this as a final year.
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TurboTax Expert
‎November 13, 2024
10:32 AM