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Taxes2022
Level 1
January 26, 2022
Question

Closing business

  • January 26, 2022
  • 1 reply
  • 16 views

I’m closing my business and moving abroad, I barely made any money last year. How do I file ? 

    1 reply

    AmyC
    AmyC
    Level 15
    January 26, 2022

    You will file your business return and be sure all items being depreciated are marked as sold, converted to personal use, etc. Please see Small Business and Self-Employed Tax Center for how to close a business in its entirety.

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