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April 7, 2024
Question

If I own a single member LLC without any activity or income, do I file taxes?

  • April 7, 2024
  • 1 reply
  • 0 views
the company is new hampshier

1 reply

April 7, 2024

Your single-member LLC is a disregarded entity for tax purposes.

 

You report ‌income and expenses of the LLC on Schedule C (or Schedule E or F) of your personal return.

 

If the LLC has no income or expenses in 2023, there's nothing to report.

 

See this IRS document.

 

 

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