LLC was never operational - anything I need to do on Schedule C on personal return?

[ktan87]

Hi, I formed an LLC in 2022 but then later closed it later in 2022. It was never operational (thus no income or expenses). Do I need to indicate anything on Schedule C of my personal tax return? Thank you in advance for your help. 

[MinhT1 · Accepted solution]

No. You do not need to make mention of your LLC on your personal tax return.

If your LLC had no income and no expenses in 2022, you are not required to file a tax return for it.

[ktan87]

Thank you for your help and quick reply!