Skip to main content
Level 3
February 16, 2021
Solved

Filing returns for dissolved business

  • February 16, 2021
  • 1 reply
  • 0 views

In 2020 one of my business (I believe a partnership) was dissolved by the state due to non compliancy with state regulations. In 2019 I filed either a $0 or some small income on that same business. So am I required to file a final return for my 2020 taxes for a business that was dissolved or just leave it?

Best answer by Anonymous_

Although it is not required if you have zero income and zero expenses, you should file a final 1065 even if it is a zero income/expense return.

1 reply

Level 15
February 16, 2021

Although it is not required if you have zero income and zero expenses, you should file a final 1065 even if it is a zero income/expense return.

Level 3
February 16, 2021

Thank you so much for your prompt answer! Understood 🙂