Taxxed15
New Member

If self employed business closed in 2016 with zero income do I file sch c? TTH&B does not include sch c with 1040. How do I close out business with IRS?

I did answer the question Did I dispose of business in 2016 as "yes". If no sched c with a zero for income is being filed with 1040, how does IRS get notified the business is done.  The business closed due to retirement no sale or exchange and no taxable anything.