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Business & farm
For the Federal return, you have nothing to report on the LLC, which is a disregarded entity, meaning that there is only taxation when there is business activity (on the personal return). Nevada has no state income tax, but does have a filing requirement to keep your LLC active. Please see this website link for assistance: https://www.nvsos.gov/sos/businesses/start-a-business/limited-liability-company
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‎June 1, 2019
10:14 AM