Скачать или смотреть If you have an LLC with zero income, make sure you're still filing a tax return.

If you have an LLC with zero income, make sure you're still filing a tax return.

You want those deductions for startup costs, CPA expenses, website domain names, and other business expenses. 💸

Here's what most people get wrong about LLC filing requirements:

Single-member LLC (US person): File Schedule C with Form 1040 📋

S Corporation election: File Form 1120S 📊

C Corporation: File Form 1120 📄

Multi-member LLC: File Form 1065 📝

Foreign-owned LLC: File Form 5472 (REQUIRED regardless of income) 🌍

There are different returns required depending on:
✅ Ownership structure
✅ Elections you've made
✅ Your residency status

The key point: If you have business expenses and want to claim them now or use them in the future, you need to file some kind of tax return. 🎯

Don't leave money on the table by assuming zero income means zero filing.

Those startup costs and business expenses add up and can save you thousands later. 💰

Comment "TAX" if you need help determining which forms your business structure requires.

#zeroincomefiling #taxdeductions #startupcosts #businessexpenses #schedulec #form5472 #llctaxes #ustaxes #businesstax #taxcompliance #cpaconsultant #businessowner #taxadvice #internationaltax #entrepreneurtax