hjpagan1
New Member

I have a normal job where I receive a W-2 form. I started an LLC with a partner, this year the business has not generated any income it is just costs. How should I file?

This year I have incurred in costs regarding the business in order to reach clients and do sales. The investment to the business has been pretty low and no revenue has been generated yet. I do not know if I should file the normal way or I should do anything special since I am a partner in this LLC. I do not know if I get any tax benefits because of it.