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What is the simplest way to file tax for an inactive single member LLC?
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@RC2024 wrote:
What is the simplest way to file tax for an inactive single member LLC?
A single-member LLC is treated as a disregarded entity (i.e., as a sole proprietorship that reports income/expenses on Schedule C).
If you have neither income nor expenses, you do not need to file a Schedule C with your 1040.
Note that you may have to file an annual report (and pay a fee) to the state in which your LLC was organized.
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