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posted Apr 14, 2025 12:30:15 PM

If LLC formed 2024, no 1099 income, LLC closed 2025, is there anything that needs to be filed with IRS

Anything need to be reported to IRS for an LLC with NO 1099 earnings?

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1 Replies
Expert Alumni
Apr 14, 2025 1:46:03 PM

If the company had no earnings or deductible expenses, then you don't need to file a tax return. You mention that there were no 1099 earnings, but if there were earnings that were not reported on the 1099 form, you would need to file a tax return to report them.