topic I have a registered business LLC. and have made zero income on the company. How do I file my taxes when I have no income at all in Business & farm

I have a registered business LLC. and have made zero income on the company. How do I file my taxes when I have no income at all

kart1976 — Mon, 09 Mar 2026 05:20:18 GMT

I am in State of TX the company is registered as an LLC. I have this as a side business and unable to generate any revenue based of COVID issues. I have a regular job on W2 that have shown on taxes towards income. Please let me know how I should report for my LLC. with no income

Re: I have a registered business LLC. and have made zero income on the company. How do I file my ...

JillS56 — Mon, 21 Feb 2022 23:34:50 GMT

You have indicated you had no income for your LLC for 2021. Did you have any expenses for the LLC for 2021? Is this a single-member LLC or multi-member LLC. If you have a single-member LLC you would file as a disregarded entity on a Schedule C. If it is a multi-member LLC, then it would be a Form 1065 Partnership return.

If you had no income or expenses for 2021, then you do not have to file a return for the LLC. If you have expenses to deduct and no income, then you would file the Schedule C or Form 1065 depending on the type of LLC you have reporting the expenses incurred by the LLC during 2021.

Re: I have a registered business LLC. and have made zero income on the company. How do I file my ...

kart1976 — Tue, 22 Feb 2022 00:48:57 GMT

This is a single member LLC. Is there an option to select disregarded entity while doing schedule c? Appreciate the clarity. Thanks

Re: I have a registered business LLC. and have made zero income on the company. How do I file my ...

JamesG1 — Tue, 22 Feb 2022 01:11:28 GMT

To report your single member LLC in TurboTax Online Self-employed,

Go to Federal / Income & Expenses / Your Info / Self-employment income and expenses.
Click Edit to your right of the self-employment activity.

Under your self-employment activity General Info, report the Business name, Business address and Employer ID Number (EIN).