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rishikapoorpcmon

Level 2

Solved

Is Tax Filing required?

5 replies
35 views

I incorporated my business in 2016 but did not earn any revenue. Do I need to file the taxes?

TurboTax Free Edition Online

Answer

Depending on your filing status and the amount of income you made during the year, you may not be required by law to file a return with the IRS. However,even if you do not have to file, it may still be in your best interest to submit a tax return.

https://ttlc.intuit.com/replies/3302274

A

Anonymous

Answer

Depending on your filing status and the amount of income you made during the year, you may not be required by law to file a return with the IRS. However,even if you do not have to file, it may still be in your best interest to submit a tax return.

https://ttlc.intuit.com/replies/3302274

rishikapoorpcmonAuthor

Level 2

Thank you for the response! My question is more specific to corporate tax and not individual tax. Do I need to file the taxes for my business if I did not earn any revenue?