I formed a single member llc in Vermont at the end of 2016. There were no expenses and no earnings. Do I need to file a federal or Vermont state return for this llc?

[clb112481]

Should I file separate or include with my personal tax filing?

[MichaelMc · Accepted solution]

A single-member LLC is a disregarded entity for tax purposes, which means that it does not file its own tax return. You report the business income and expenses of the single-member LLC on Schedule C, as part of your personal tax return.

Since you had no income or expenses in 2016, there is no need to file Schedule C for 2016.