For the complete documentation index, see llms.txt
For the complete documentation index, see llms.txt
Do I need to file IRS taxes for my new LLC with $0 revenue, and which forms apply?
Yes, federal and state filings may still be required. LLCs typically submit Form 1065 (partnership) or 1120 (corporation) and annual reports. Deadlines vary by state and IRS. Failing to file can result in penalties. doola provides guidance; filing may require CPA or add-on services.
Often yes , even with $0 revenue. The form depends on how your LLC is taxed: Single-member US-owned LLC (disregarded) reports on the owner’s return (commonly Schedule C on Form 1040); Multi-member LLC typically files Form 1065 ; if you elected corporate taxation, it’s Form 1120 (C-Corp) or 1120-S (S-Corp) . Foreign-owned single-member LLCs commonly must file Form 5472 + 1120-Pro Forma , even with no income. Also check if your state requires a return. When in doubt, file to avoid penalties.
Yes. Even with zero revenue, annual federal and state filings may be required. LLCs may need Form 1065 (partnership) or 1120 (corporation) and state annual reports. Filing avoids penalties. doola provides guidance; actual filing may require a CPA or add-on services.
Yes, even if your company has no income, you must file a federal return to report your status and avoid penalties.