From the IRS: IRS Schedule C
Question
I have run a small business in the past but this year I had no income or expenses from the business. Is it necessary that I file a Schedule C?
Answer
If your sole proprietorship business has no profit or loss during the full year, it's not necessary to file a Schedule C (Form 1040 or 1040-SR), Profit or Loss from Business (Sole Proprietorship) for that year.
If your business is inactive, but you receive payments such as insurance that relate to the business, you must report those payments on a Schedule C.
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