In 2016 I created an LLC (sole individual) and elected it to be S-Corp tax status. I didn't generate any revenue but incurred expenses. Do I need to file an 1128s form?
Also, since I funded the business from a personal savings?, can I claim the expenses on my personal taxes too?
Lastly, I'm in Illinois - do I need to file local S-Corp taxes to the state? Any impact on personal state taxes?
