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do I still need to file a return

if my llc had no income in 2024 and it was disolved in 2025
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1 Reply
PatriciaV
Expert Alumni

do I still need to file a return

It depends. An LLC that has filed an S-Corp election must file Form 1120S for S-Corps, whether it has taxable income or not. You will need TurboTax Business to prepare this business tax return, which was due March 15.

 

If however, you have a single-member LLC that would be a considered "disregarded" by the IRS that would report on Schedule C of your personal Form 1040 return, you are not required to include Schedule C if you had no income or expenses. You may wish to include Schedule C to mark it as final in the year the LLC dissolves.

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