I formed a c-corp last year. There were no transactions in the company. I did not even open any bank account. Is it necessary for me to file taxes? If yes, how?

[niz1985]

Hi. I formed a c-corp from Wyoming last year in September. But, I did not do any transactions in the company at all. I did not even open any bank account. Is it necessary for me to file taxes for last fiscal year? If yes, how can I do that?

[SweetieJean]

You are posting on a 3 yr old question.

[SweetieJean]

I've seen several like this recently that are 3 years old!  I'll notify the Moderator.

[SweetieJean]

I suspected as such!  That's why I'm sticking to this Board until the official June 6 changeover date.
And ditto for the FAQ's, which seem to show up gain again anew each day.

[MargaretL]

You do have to file C-corporation tax return.

Per IRS and their Corporations instructions: "Unless exempt under section 501 of the Internal Revenue Code, all domestic corporations in existence for any part of a tax year (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income."

The corporate returns, such as C-Corp (Form 1120) can be filed using our Turbo Tax Business package:

https://turbotax.intuit.com/small-business-taxes/