Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Mar 1, 2020 8:02:11 PM

Do I need file a Nevada State Tax Return if I set up a LLC there, had no income and did business in Illinois?

Do I need to file a Nevada state return where I set up my LLC, but I did not conduct business there?  I did all my business in Illinois.  I had a net loss for the first year?

 

 

0 1 633
1 Best answer
Expert Alumni
Mar 1, 2020 8:20:02 PM

No, you would have to file the Nevada Commerce Tax because your LLC is registered in Nevada if you were "engaging in business" and had Nevada gross revenue less than $4,000,000.

 

1 Replies
Expert Alumni
Mar 1, 2020 8:20:02 PM

No, you would have to file the Nevada Commerce Tax because your LLC is registered in Nevada if you were "engaging in business" and had Nevada gross revenue less than $4,000,000.