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grantheflin2022
April 9, 2025
Question

Quarterly 2025 1st Q estimated taxes with new LLC and no income

  • April 9, 2025
  • 1 reply
  • 0 views

I retired on 31 March 2025. I registered an LLC on 2/7/2025. I have not had a client yet and have only expenses, zero income. Do I have to file quarterly estimated tax payment for 1st Quarter 2025?

    1 reply

    M
    MinhT1
    April 9, 2025

    If you project to have income from your LLC, you should start paying estimated taxes. 

     

    If you have no income in the first quarter of 2025, then there is no need to pay estimated taxes on April 15.

     

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