Yes, now you must finalize your business by filing the 2022 tax return if any income was received for the business that was $400 or more. If you did not receive income at or above that amount you do not have to file.
If you used any equipment for depreciation and you have removed them from service in your business you may have to to report if you sold any such assets.
If you did receive at least $400 you must file to record any expenses you may have had to offset the income to reach your net profit.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
