topic WI Multimember LLC in Business & farm

WI Multimember LLC

Krott248 — Mon, 09 Mar 2026 06:12:03 GMT

If my husband opened a LLC in 2021 with no activity other than establishing a Federal EIN number, do we have to fill out the 1065 Form?

Re: WI Multimember LLC

Rick19744 — Sat, 12 Feb 2022 23:03:26 GMT

No based on the following in the 1065 instructions

Except as provided below, every domestic partnership must file Form 1065, unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes.

Re: WI Multimember LLC

Krott248 — Sat, 12 Feb 2022 23:17:40 GMT

Sounds good 👍. If the EIN exists, does anyone know how the IRS differentiates between a LLC that did not exist other than having a tax ID number versus thinking we forgot to file and therefore incurring late fees? Thank you kindly!

Re: WI Multimember LLC

Rick19744 — Sun, 13 Feb 2022 00:05:02 GMT

The IRS has their ways, however, if they told you, they would ............... 😂

Re: WI Multimember LLC

nailgafarov — Mon, 07 Mar 2022 22:12:23 GMT

If Partnership llc didn't get income but partners send money into bank account 1065 should be filed?

Re: WI Multimember LLC

AliciaP1 — Mon, 07 Mar 2022 23:07:00 GMT

No, partner contributions do not constitute earned income to the partnership.

@nailgafarov